Why Amkor Technology Stock Fell on Tuesday
Shares of semiconductor packaging and test services company Amkor Technology (NASDAQ: AMKR) fell as much as 11.6% on Tuesday following the company's second-quarter earnings release. The stock closed the trading day down about 8.5%.
For its second quarter, Amkor reported earnings per share of $0.48 on revenue of $989 million. Adjusted for the sale of its K1 factory in Korea during the quarter, Amkor's earnings per share was $0.14.
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Source: Fool.com
Amkor Technology Inc Stock
€29.97
0.930%
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Amkor Technology Inc.
With a target price of 37 € there is a positive potential of 23.46% for Amkor Technology Inc compared to the current price of 29.97 €.
