🔴 FiscalNote is trading 11.54% down today after management reduced 2026 revenue and EBITDA guidance

FiscalNote is trading 11.54% down now at $0.07 after management reduced 2026 revenue and adjusted EBITDA guidance.

• Selling pressure continued after the August 10 earnings report; Q2 revenue fell 16% year over year to $19.6 million, with adjusted EBITDA below guidance.
• Management cut full-year 2026 revenue guidance to $75–$78 million from $80–$83 million and adjusted EBITDA guidance to $9–$11 million from $14–$16 million.
• Broader risk-off sentiment may add pressure; the Nasdaq Composite fell 1.07%.