Why Rambus Stock Sank Today
(NASDAQ: RMBS) stock lost ground in Tuesday's trading on the heels of a mostly solid quarterly report. The company's share price fell 8.7% in a daily session that saw the S 500 (SNPINDEX: ^GSPC) rise 0.2% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jump 0.8%.
Rambus published its third-quarter results after the market closed yesterday, posting earnings that were in line with Wall Street's target and sales that beat expectations. Despite the sales beat, some investors appear to have been hoping for stronger earnings and forward guidance.
Image source: Getty Images.
Source Fool.com
Rambus Inc. Aktie
80,28 €
-12,05 %
Die Rambus Inc. Aktie steht gut da mit mehreren Buy- und keiner Sell-Einschätzung.
Das Community-Kursziel von 99 € für Rambus Inc. deutet auf eine deutliche Steigerung um mehr als 20% gegenüber dem aktuellen Kurs von 80.28 € hin.
