On October 7, Vicor fell 5.05% in regular trading, trading at $281.89/share, with turnover of $27.52 million. The decline comes as the company approaches its third-quarter earnings conference call scheduled for October 20, with market participants locking in gains following a strong run-up.
Vicor recently raised its Q3 sequential growth guidance from more than 20% to more than 30%, driven by increased royalties from a non-exclusive license agreement related to its Vertical Power Delivery technology. The stock had rallied sharply on this news, and the current weakness reflects profit-taking pressure ahead of the formal earnings disclosure.
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