Why Taiwan Semiconductor Manufacturing Stock Sank Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock lost ground in Tuesday's trading. The company's share price ended the day down 2.3% amid a 0.8% decline for the S 500 (SNPINDEX: ^GSPC) and a 0.9% decline for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been off as much as 3.3% earlier in the session.
TSMC stock fell in today's trading in response to the lessening likelihood of trade deals being reached between the U.S. and major trade partners in the near term. The chip manufacturing giant's share price was also dragged lower by the market's bearish reaction to Palantir Technologies' (NASDAQ: PLTR) first-quarter earnings report.
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Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Aktie
315,00 €
-0,32 %
Taiwan Semiconductor Manufacturing Co. Ltd. ADR wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Ein unerwartetes Potenzial von -3.49% für Taiwan Semiconductor Manufacturing Co. Ltd. ADR, obwohl das Kursziel von 304 € den aktuellen Kurs von 315.0 € unterschreitet.
