Concentrix (NASDAQ:CNXC) stock sinks on Q2 guidance cut as cash flow rises
Concentrix Corporation lost more than a fifth of its market value in after-hours trading on Monday after the customer-experience services company gave a soft outlook, even as its second-quarter cash flow improved. The stock last traded at $19.55, down 22.5%, after closing up 0.9% at $25.23; after-hours volume was 1.07 million shares, MarketWatch data showed.
