Why Cohu Stock Is Sinking Today
(NASDAQ: COHU) stock is losing ground in Friday's daily trading session. The tech company's share price was down 7.2% as of 3:20 p.m. ET amid roughly flat trading for the S 500 and the Nasdaq Composite.
Cohu reported its fourth-quarter results after the market closed yesterday and delivered sales in line with Wall Street's expectations. On the other hand, the business reported a loss that was far larger than anticipated.
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Source Fool.com
Cohu Inc. Stock
€30.00
5.410%
Cohu Inc. is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
However, we have a potential of -6.67% for Cohu Inc. as the target price of 28 € is below the current price of 30.0 €.
