SEMTECH CORP

48.75 -0.14 (-0.29%)

SMTC investors herd to book profits while the going is good

7 min read

SEMTECH CORP is a falling knife that can bleed you if you catch it on Monday. It returned -0.29% to close at 48.75. On a day when the overall market breadth was 37%, it closed higher than 13% of the market. In comparison, the benchmark SP500 index closed today at -0.0031%.

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