On November 5, Amkor Technology fell 6.38% in Regular Trading, trading at $33.94 per share with turnover of $16.8364 million.

The move follows continued cautious sentiment after the company reported third-quarter results and fourth-quarter guidance below market expectations.

Amkor previously posted third-quarter EPS of $0.76 on revenue of $1.99 billion, versus consensus expectations of $0.78 and $2.04 billion. It also guided fourth-quarter EPS to $0.65-$0.75 and sales to $1.9-$2.0 billion, both below market forecasts. More recently, shares were already under pressure in earlier November trading on the same backdrop, while at least one brokerage cut its price target to $41 and maintained a neutral rating.

(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.)