Teradyne shares are trading lower amid possible sympathy with Micron Technology after the company reported Q3 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Teradyne shares are trading lower, possibly in sympathy with Micron Technology, which reported Q3 financial results and issued guidance.
June 26, 2024 | 8:23 pm
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NEGATIVE IMPACT
Micron Technology reported Q3 financial results and issued guidance, impacting related stocks like Teradyne.
Micron Technology's Q3 financial results and guidance are significant enough to impact related stocks, including Teradyne.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Teradyne shares are trading lower, potentially due to sympathy with Micron Technology's Q3 financial results and guidance.
Teradyne's stock is likely affected by Micron Technology's Q3 results and guidance, as market sentiment can impact related companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80