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Home / Market News / Earnings Results: In a worrisome sign for e-commerce, Kornit Digital slashes forecast and stock plunges 20%

Earnings Results: In a worrisome sign for e-commerce, Kornit Digital slashes forecast and stock plunges 20%

Posted by: Market Watch in Market News July 5, 2022

In a sign of a continuing downfall in e-commerce activity, Kornit Digital Ltd. slashed its forecast for the second quarter Tuesday and suggested the third quarter isn’t expected to be much better, sending shares into a spiral in after-hours trading.

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