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Semi Stock Week: Semi stocks tumbled to new lows for the year. Stock Report: Kulicke and Soffa, Electronics

Semi Stock Week: Semi stocks tumbled to new lows for the year. Stock Report: Kulicke and Soffa

Semi Stock Week: Semi stocks tumbled to new lows for the year. Stock Report: Kulicke and Soffa

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Description: It was a brutal week in chipmaking land as the carnage of the past few days wiped out all the gains of the year. Chipmaking stocks saw the biggest weekly decline in more than a year as investors cashed in some of the profits and moved to less volatile pastures. Meanwhile, Europe’s debt crisis continued to hamper the market amid concerns that its debt situation could spread globally.

These concerns overshadowed a strong Labor Department report that showed that April’s job growth in U.S. .

 
Author: VLSIresearch (Fellow) | Visits: 1274 | Page Views: 1274
Domain:  High Tech Category: Business Subcategory: Stocks 
Upload Date: 2010-05-07 17:14:22  
Short URL: http://electronics.wesrch.com/pdfEL1GP9JS8YLJJ

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