Shares of semiconductor and chip stocks are trading lower as the sector pulls back after recent strength.
Portfolio Pulse from Benzinga Newsdesk
Semiconductor and chip stocks are trading lower following recent strength in the sector.
July 14, 2023 | 7:18 pm
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NEGATIVE IMPACT
BP's stock is trading lower as the semiconductor sector pulls back.
BP is part of the semiconductor sector which is currently experiencing a pullback. This is likely to negatively impact BP's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
LSCC's stock is trading lower as the semiconductor sector pulls back.
LSCC is part of the semiconductor sector which is currently experiencing a pullback. This is likely to negatively impact LSCC's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
MRVL's stock is trading lower as the semiconductor sector pulls back.
MRVL is part of the semiconductor sector which is currently experiencing a pullback. This is likely to negatively impact MRVL's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50