On October 15, FormFactor fell 5.06% in Pre-Market Trading to $113.65 per share, with turnover of $171.8 thousand.
The move came as the semiconductor equipment group remained broadly weak. Peer stocks also traded lower, with ASML Holding down 1.67%, Applied Materials down 2.84%, Lam Research down 3.04%, KLA Corporation down 2.69%, and Teradyne down 3.27%.
FormFactor had previously announced a strategic collaboration with Teradyne on semiconductor testing projects, alongside Teradyne’s planned $300 million equity investment in the company. However, that transaction is still subject to closing conditions and regulatory clearance, and recent sector-wide selling has outweighed support from the partnership news.
FormFactor supplies probe cards, probe systems, metrology, thermal, and cryogenic solutions used across semiconductor testing and measurement workflows, leaving the stock closely tied to sentiment across semiconductor equipment and test-related names.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)