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Why Cohu Stock Is Sinking Today

TheMotleyFool 
0 0 13.02.26
Why Cohu Stock Is Sinking TodayPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

(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.

Image source: Getty Images.

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Source Fool.com

Cohu Inc. Stock

€41.59
4.120%
A very strong showing by Cohu Inc. today, with an increase of €1.66 (4.120%) compared to yesterday's price.
Cohu Inc. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
As a result the target price of 59 € shows a positive potential of 41.86% compared to the current price of 41.59 € for Cohu Inc..
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