Lattice Semiconductor and Rambus shares fall after results, and other stocks on the move

📆 8/1/2023 5:57 AM
📰 MarketWatch

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Arista Networks, Uber Technologies, Lattice Semiconductor and Rambus are among the stocks in the spotlight.

Stock gainers: Shares of Arista Networks Inc. ANET soared 14% following its fiscal second-quarter earnings report. The company posted better-than-expected revenue and earnings, and it offered third-quarter revenue guidance that easily topped analysts’ estimates.Stock gainers: Shares of Arista Networks Inc. ANET soared 14% following its fiscal second-quarter earnings report.

Lattice Semiconductor Corp. shares LSCC fell 2% after the programmable logic chipmaker’s modest outlook overshadowed its earnings beat. Shares of Monolithic Power Systems Inc. MPWR shares fell 6% after the computer power system maker’s in-line forecast took away from its earnings beat. Rambus Inc. shares RMBS fell as much as 8% as the chip and sensor maker’s earnings and outlook disappointed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ON Semiconductor stock pops after second-quarter earnings. Here's what the pros are sayingPros on CNBC discussed ON Semiconductor's stock hitting an all-time high after the chipmaker reported second-quarter results that topped analyst estimates.
Source: CNBC - 🏆 12. / 72 Read more »