Why Amkor Technology Stock Fell on Tuesday
Shares of semiconductor packaging and test services company Amkor Technology (NASDAQ: AMKR) fell as much as 11.6% on Tuesday following the company's second-quarter earnings release. The stock closed the trading day down about 8.5%.
For its second quarter, Amkor reported earnings per share of $0.48 on revenue of $989 million. Adjusted for the sale of its K1 factory in Korea during the quarter, Amkor's earnings per share was $0.14.
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Source: Fool.com
Amkor Technology Inc Stock
€47.81
1.160%
Amkor Technology Inc is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
As a result the target price of 65 € shows a positive potential of 35.95% compared to the current price of 47.81 € for Amkor Technology Inc.
