GlobalFoundries shares are trading lower after Susquehanna downgraded the stock from Positive to Neutral.
Portfolio Pulse from Benzinga Newsdesk
GlobalFoundries shares are trading lower following a downgrade by Susquehanna from Positive to Neutral.

March 05, 2024 | 1:44 pm
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NEGATIVE IMPACT
GlobalFoundries shares have declined due to a downgrade by Susquehanna from Positive to Neutral.
Analyst ratings often have a significant impact on stock prices in the short term. The downgrade from Positive to Neutral by a reputable firm like Susquehanna suggests a less optimistic outlook on GlobalFoundries, leading to a decrease in investor confidence and a subsequent drop in share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100