Bill Stock Plummets on Earnings, Weak Outlook

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Bill Stock Plummets on Earnings, Weak Outlook
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John Rettig, CFO for the financial platform for small and midsize businesses, called the economic environment 'challenging.'

Stock in Bill Holdings dropped after the financial platform for small and midsize businesses gave a disappointing forecast for its quarterly revenue.

But in after-hours trading following the results Thursday, Bill shares fell 39% to $54.44. They were down 34% in Friday trading.

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