Why Is Rubicon Technologies (RBT) Stock Down 24% Today?

Rubicon Technologies (NYSE:RBT) stock is falling hard on Tuesday following the release of its earnings report for the first quarter of 2024. The report starts with the waste and recycling services company's earnings per share of -33 cents for the quarter. That's worse than the -32 cents that Wall Street was expecting. That's despite it being an improvement over the -41 cents from the same period of the year prior. Adding to this is Rubicon Technologies' revenue of $163.02 million. That's another miss next t ...