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MarketBeat
MarketBeat
Business
Leo Miller

Symbotic Shares Down 37%—Is It Time for Bravery or Caution?

Markets have hit shares of robotic warehouse systems company Symbotic (NASDAQ: SYM) hard over the past 52 weeks. Shares of the industrials stock have lost nearly 37% of their value as of the Feb. 13 close. Retail giant Walmart (NYSE: WMT) is a huge Symbotic customer, a testament to the company’s relevance. But are shares of this cutting-edge robotics company ready to rebound, or is there still significant risk? I’ll dive deep into the company’s recent earnings report and analyze important issues surrounding it to answer that question.

SYM: Revenue Grows by 35%; Guidance Lags Expectations

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