Amkor Falls 18% in 3 Months: How Should Investors Play the Stock?

Quick Summary:

Throughout the past year, Amkor struggled with supply chain disruption caused by geopolitical tension and faced macroeconomic challenges caused by high inflation and interest rates.

In the previous quarter, AMKR reported that it was still suffering from the slow recovery of automotive and industrial space, along with softness in traditional data center client demand.

Amkor Technology (NASDAQ: AMKR) shares have lost 17.7% in the past three months, underperforming the Zacks Electronics - Semiconductors industry and the S&P 500 index's return of 2.2% and 4.2%, respectively.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Zacks

Category: Technology

Markets: United StatesTaiwanVietnam

Topics: TSM Mid Cap Contributors Trading Ideas Tech AMKR Markets News Large Cap Analyst Ratings ASX

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 20:36:05 (6 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22669200

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 2 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions