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Why TTM Technologies, Inc. Stock Fell 22% Today


Why TTM Technologies, Inc. Stock Fell 22% Today

Shares of TTM Technologies (NASDAQ: TTMI) fell as much as 22.5% Thursday morning, following the quick-turn printed circuit board maker's second-quarter earnings report.

TTM's top-line sales rose 4.2% year over year to land at $627 million, while adjusted earnings increased 15% to $0.31 per share. Both figures fell short of Wall Street's consensus estimates, which called for earnings of $0.35 per share on revenue near $629 million.

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Source: Fool.com

Ttm Technologies Stock

€17.30
-0.580%
The price for the Ttm Technologies stock decreased slightly today. Compared to yesterday there is a change of -€0.100 (-0.580%).
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Ttm Technologies.
On the other hand, the target price of 17 € is below the current price of 17.3 € for Ttm Technologies, so the potential is actually -1.73%.
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