indie Semiconductor shares are trading higher after the company said it expects Q3 revenue to be over $60 million.
Portfolio Pulse from Benzinga Newsdesk
indie Semiconductor has announced that it expects its Q3 revenue to exceed $60 million. This news has led to an increase in the company's share price.
October 16, 2023 | 6:13 pm
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indie Semiconductor's shares are trading higher after the company projected its Q3 revenue to be over $60 million.
The company's announcement of higher than expected Q3 revenue has led to a positive market reaction, causing the share price to increase. This indicates investor confidence in the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100