Here's Why FormFactor Inc Is Soaring Today
In response to the company's strong second-quarter earnings, shares of FormFactor (NASDAQ: FORM), a leading provider of semiconductor testing equipment, rose by 11% as of 11:12 a.m. EDT on Thursday.
Here's a review of the highlights from the second-quarter report that has traders feeling bullish today:
Management credited the upbeat results to strong demand from data centers, mobile, and automotive end markets.
Source: Fool.com
Formfactor Inc. Stock
€46.60
11.480%
Currently there is a rather positive sentiment for Formfactor Inc. with 4 Buy predictions and 0 Sell predictions.
However, we have a potential of -9.87% for Formfactor Inc. as the target price of 42 € is below the current price of 46.6 €.
