Update: Going Over GENK and OWLT Q3'24 Earnings Results
To trust or not to trust management commentary
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Last week, both Owlet (OWLT) and GEN Restaurant (GENK) released their Q3’24 earnings and needless to say, they weren’t the best. If you need a refresher on the ideas, you can view them here for each respective name; OWLT / GENK.
Let’s first start with Owlet and what I believe led to the recent selloff after reporting.