Why Diodes Stock Is Skyrocketing Today
(NASDAQ: DIOD) stock is roaring higher on Wednesday following the publication of the company's fourth-quarter results. The company's share price was up 27.4% as of 3:30 p.m. ET.
Diodes published its Q4 results after yesterday's market close, posting sales and earnings that handily topped Wall Street's forecasts. In addition to the Q4 beats, the company issued strong forward guidance and set three-year performance targets.
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Source Fool.com
Diodes Inc. Stock
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Diodes Inc. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
As a result the target price of 85 € shows a slightly positive potential of 11.84% compared to the current price of 76.0 € for Diodes Inc..
