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A Wacky Debut for Cypress Semi Stock
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SAN FRANCISCO -- Even market volatility and speculation about a financial bailout plan don't explain the wackiness surrounding Cypress Semiconductor's(CY Quote) stock.
The price of Cypress's stock was re-set Tuesday, following the spinoff of its solar power subsidiary, in a move that caused a bit of confusion on the Street.
Cypress distributed its 44.5 million class B shares of SunPower(SPWR Quote)to its shareholders after Monday's close of market, effectively unloading its 55% stake in SunPower. ...
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