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.
Image source: Getty Images.
Source Fool.com
Cohu Inc. Stock
€25.40
0.800%
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Cohu Inc..
With a target price of 27 € there is a slightly positive potential of 6.3% for Cohu Inc. compared to the current price of 25.4 €.
