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0 0 0 0 0.00178041543026692 0.00296735905044515 -0.0231454005934718 -0.0335311572700297
Stock impact report

Amkor Technology (AMKR) Surges 7.7%: Is This an Indication of Further Gains? [Yahoo! Finance]

Amkor Technology, Inc. (AMKR) 
Last amkor technology, inc. earnings: 4/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: amkortech.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
This compares to the stock's 6.6% loss over the past four weeks. The upswing came after Needham analyst Charles Shi initiated coverage of the company with a Buy rating and a price target of $40. This chip packaging and test services provider is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of -44.4%. Revenues are expected to be $1.35 billion, down 8.1% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Amkor Technology, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on AMKR going forward to see if this rece Show less Read more
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