📉 Progyny plunges 30% - What's behind this dramatic drop?
On Thursday, shares of Progyny $PGNYexperienced a sharp drop of 30,1 %, when the company announced the loss of a major client. Despite assuring investors of a seamless relationship and client satisfaction with the services provided, this situation raises questions about the future impact on the firm's growth and... Read more
Progyny Inc $PGNY first quarter 2024results were released yesterday! The company's revenue reached $278.1 million, representing 7,6% increase over last year, although it fell a bit short of estimates. Net income was down slightly, but still beat expectations. Here are the key numbers in more detail:
I wouldn't buy their stock either. It's unstable and the stock is only going down.