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Amkor Technology, Inc. Stock News
$41.95
3.20%
today
Nasdaq,
Dec 03, 04:48 pm CET
Why the stock moved Beta
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Shares in Amkor Technology rose more than 8% in after-the-bell trading on Wednesday during Nvidia's conference call after the AI chip leader's chief financial officer named Amkor among companies it plans to work with on chip packaging.
Sold 932,216 shares of Amkor Technology; estimated transaction value of approximately $22.44 million This change represents 3.5% of reportable AUM. Post-trade stake: 177,265 shares valued at $5.03 million.
Amkor Technology, Inc. is a key player in semiconductor packaging, recently beating EPS estimates and surging 84% since May, gets prior buy rating lowered a notch to a hold. AMKR benefits from strong macro demand and pipeline growth, but faces mixed profitability metrics, modest dividend yield, and recent negative cashflow trends. Despite robust momentum and long-term growth prospects, AMKR sto...
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