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Why Cohu Stock Is Sinking Today


(NASDAQ: COHU) stock is losing ground in Friday's daily trading session. The tech company's share price was down 7.2% as of 3:20 p.m. ET amid roughly flat trading for the S 500 and the Nasdaq Composite.

Cohu reported its fourth-quarter results after the market closed yesterday and delivered sales in line with Wall Street's expectations. On the other hand, the business reported a loss that was far larger than anticipated.

Image source: Getty Images.

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Source Fool.com

Cohu Inc. Stock

€25.80
-5.760%
Cohu Inc. took a tumble today and lost -€1.600 (-5.760%).
Cohu Inc. is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
As a result the target price of 27 € shows a slightly positive potential of 4.65% compared to the current price of 25.8 € for Cohu Inc..
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