Previous close | 0.0300 |
Open | 0.0300 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 40.00 |
Expiry date | 2023-04-21 |
Day's range | 0.0300 - 0.0300 |
Contract range | N/A |
Volume | |
Open interest | 17 |
Zacks.com users have recently been watching Applied Materials (AMAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Here is your Pro Recap of the biggest share buybacks and dividend headlines you may have missed over the past week. First Republic Bank (NYSE:FRC) announced on Thursday a suspension of its common stock dividend as it is going through a period of recovery, being focused on reducing its borrowings and evaluating the composition and size of its balance sheet going forward. "The limited information provided implies that the balance sheet has increased substantially, which may well necessitate a capital raise."
When the economy gets wobbly, semiconductor stocks tend to struggle. After all, semiconductor companies have historically been cyclical, with booming sales when times are good -- as they were through much of the pandemic -- and busting when demand dries up. Consumer electronics chips are facing the dual headwinds of a gap in demand after many loaded up with a new phone or PC two years ago, and economic challenges caused by the Federal Reserve rapidly raising interest rates.