Mobile Infrastructure Stock Down Post Q3 Earnings Despite Revenue Gain
Mobile Infrastructure (BEEP) ZACKS·2024-11-15 02:20
Shares of Mobile Infrastructure Corporation (BEEP) have declined 6.7% since the company released its third-quarter earnings report, which ended Sept. 30, 2024, underperforming the broader market as the S&P 500 experienced a slight decrease of 0.3% during the same period. Over the past month, Mobile Infrastructure’s stock has appreciated 8.1% compared with the S&P 500’s growth of 3.3%, signaling some recent positive momentum relative to the index.For the third quarter of 2024, Mobile Infrastructure reported ...