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Why Alpha and Omega Semiconductor Stock Fell Hard Today

TheMotleyFool

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Why Alpha and Omega Semiconductor Stock Fell Hard Today: https://g.foolcdn.com/editorial/images/719769/gettyimages-1221366919.jpg

Shares of Alpha and Omega Semiconductor (NASDAQ: AOSL), a semiconductor designer and supplier, were falling fast today after the company reported disappointing fiscal second-quarter results.

The company missed analysts' average estimates for both its top and bottom lines and issued revenue guidance that didn't exactly instill confidence in investors.

The semiconductor stock was down by 13.4% as of 1:25 p.m. ET.

Source Fool.com

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