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Why Arlo Technologies Stock Is Falling Hard Today

TheMotleyFool

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Why Arlo Technologies Stock Is Falling Hard Today: https://g.foolcdn.com/editorial/images/708616/gettyimages-1128461315.jpg

Investors were looking for the exits this morning after Arlo Technologies (NYSE: ARLO), a smart-home security company, reported its third-quarter results.

The company reported top- and bottom-line results that beat Wall Street's expectations, but it was Arlo's disappointing fourth-quarter guidance that sent the tech stock falling today.

As a result, the company's share price was down a shocking 32.2% as of 11:44 a.m. ET.

Source Fool.com

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