Why Teradyne Stock Plummeted on Thursday

Shares of test equipment specialist Teradyne (NASDAQ: TER) took a dive on Thursday, falling as much as 28.5%. As of 3:20 p.m. ET, the stock was down 24%.

The stock's slide is primarily due to the tech company's earnings report, which included worse-than-expected guidance for Q1. But a rough day in the overall stock market probably isn't helping, either.

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Source Fool.com