Why Taiwan Semiconductor Mfg. Stock Just Popped
Jinx! Last week, according to Bloomberg, the official market capitalization of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) stock traded on the Taiwanese stock market reached $1 trillion.
No sooner did the news break than TSMC shares trading on the NYSE dropped 1.5%.
Image source: Getty Images.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€255.00
-2.670%
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 278 € there is a slightly positive potential of 9.02% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 255.0 €.
