SigmaTron Stock Up 3% Despite Incurring Q2 Loss on Supply Chain Issues
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SigmaTron (SGMA) reported a loss of $1.55 per share in Q2 of fiscal 2025 due to supply chain issues and a decline in revenue. Despite this, the stock rose by 3%, as the company emphasized strategic plans for recovery and future growth.
December 24, 2024 | 7:00 pm
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SigmaTron reported a Q2 loss of $1.55 per share due to supply chain issues and revenue decline. Despite this, the stock increased by 3%, as the company outlined strategic recovery and growth plans.
The stock price increase of 3% suggests investor confidence in SigmaTron's strategic plans for recovery and growth, despite the reported loss. The focus on future growth may have positively influenced investor sentiment.
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