STMicroelectronics N.V. shares are trading higher after the company reported mixed second-quarter results and upbeat guidance.
Portfolio Pulse from Benzinga Newsdesk
STMicroelectronics N.V. reported mixed second-quarter results but provided an upbeat guidance, leading to a rise in its share prices.
July 27, 2023 | 10:21 am
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STMicroelectronics N.V. shares are trading higher after mixed Q2 results and positive guidance.
The company's mixed Q2 results might have caused some uncertainty among investors. However, the positive future guidance provided by the company seems to have outweighed the mixed results, leading to a rise in the company's share prices.
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