Why Taiwan Semiconductor Manufacturing Stock Was Sliding Today
Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were falling today as bearish momentum in the broader semiconductor sector seemed to weigh on the stock. There was also a news item out of Japan that brought up a familiar bogeyman for TSMC.
As of 12:18 p.m. ET, the stock was trading 5.8%, while the Nasdaq Composite had lost 2.3%, indicating a broader pullback in the market.
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Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€186.20
0.210%
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 218 € there is a slightly positive potential of 17.08% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 186.2 €.
