Cohu (NASDAQ: COHU) stock experienced a decline of 7.2% during Friday’s trading session, contrasting with the relatively stable performance of the S&P 500 and Nasdaq Composite. The tech company released its fourth-quarter results, which met sales expectations; however, it reported a significantly larger loss than anticipated. This disappointing financial outcome has contributed to the stock’s downturn. Investors are reacting to these mixed results, leading to the stock’s decline.
Loading PerspectiveSplit analysis...
