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Stock impact report

Seagate, Entegris, and Microchip Technology Stocks Trade Down, What You Need To Know [Yahoo! Finance Canada]

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Markets began to fully price a December Fed rate hike, and semiconductor stocks, which price on earnings years out, reprice faster than most sectors when discount rates move. The SpaceX IPO added secondary pressure: the company closed investor orders ahead of its debut at a $1.77 trillion valuation, and MSC identified chip names among the holdings facing the largest forced outflows as investors reallocate to fund the listing. Trump's mid-session Iran escalation, pledging to "attack very hard", drove the Dow to session lows, sealing the risk-off tone. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Memory Semiconductors company Seagate (NASDAQ:STX) fell 3.5%. Is now the time to buy Seagate? Semiconductor Manufacturing company Entegris (NASDAQ:ENTG) fell 4%. Is now the time to buy Entegris? Analog Semiconductors company Microchip Technology (NASDAQ:MCHP) fel Show less Read more
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