Teradyne, Inc.’s Stock Price Plummets to 124.54 USD, Witnessing a Sharp 8.92% Decline

Teradyne, Inc. (TER)

124.54 USD -12.19 (-8.92%) Volume: 3.19M

Teradyne, Inc.’s stock price stands at 124.54 USD, experiencing a decline of 8.92% this trading session, with a trading volume of 3.19M. Despite today’s dip, the year-to-date performance remains positive with a percentage change of +14.76%, indicating a steady upward trend in the market.

Latest developments on Teradyne, Inc.

Today, Teradyne Inc‘s stock price saw movements as BNP PARIBAS ASSET MANAGEMENT Holding S.A. and Van ECK Associates Corp both decreased their holdings in the company. This news comes as investors react to changes in major shareholders of the NASDAQ-listed company. Analysts are closely monitoring these developments to gauge the impact on Teradyne Inc‘s overall market performance.

Teradyne, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided a bullish insight on Teradyne Inc, highlighting the impact of memory market volatility on the company’s business. In their research report titled “Teradyne Inc.: How Will The Memory Market Volatility Impact Its Business? – Major Drivers”, they noted that Teradyne exceeded its first quarter 2024 financial expectations, driven by strong performance in Memory and System on a Chip (SOC) segments, particularly in AI applications. Despite a weaker mobile sector, the company’s Robotics business met its targets for the third consecutive quarter.

A look at Teradyne, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Teradyne Inc, a company that designs and manufactures semiconductor test products, has received mixed ratings in its long-term outlook according to Smartkarma Smart Scores. While the company scored moderately in areas such as value and dividend, it received higher scores in resilience and growth. This indicates that Teradyne Inc may face some challenges in terms of value and dividends, but shows promise in its ability to grow and withstand market fluctuations.

With a focus on semiconductor test products and services, Teradyne Inc has shown strength in resilience and growth according to the Smartkarma Smart Scores. This suggests that the company may have a solid foundation to weather economic uncertainties and continue to expand in the future. While there may be room for improvement in areas such as value and dividends, the overall outlook for Teradyne Inc appears positive, especially in terms of its ability to adapt and thrive in the semiconductor industry.

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