Movement Alert|Vicor Falls 5.23% in Regular Trading, Post-Earnings Rally Continues to Reverse

Market Focus
Oct 23

On October 23, Vicor fell 5.23% in Regular Trading, trading at $169.8 per share, with turnover of $11.9765 million.

The move followed continued post-earnings profit-taking after the company’s recent third-quarter release and prior rally.

Vicor reported third-quarter revenue of $197.1 million, above the $187 million market expectation, while EPS was $1.33, below one widely cited $1.37 estimate but sharply above $0.63 a year earlier. The company had also previously raised its sequential third-quarter growth outlook to above 30%, supported by royalties tied to a non-exclusive Vertical Power Delivery license. After the stock advanced on the revenue beat and guidance improvement, the latest session showed further pullback as the market continued to digest those results.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10