General Semiconductor Shrinks 6% on Warning
General Semiconductor
(SEM) - Get Select Medical Holdings Corporation Report
was down 6% in early trading after it became the latest chipmaker to issue a warning. The company said fourth-quarter earnings would be 26 to 28 cents per share, below the Street's estimate of 34 cents. Soft orders will push revenue for the period 5% to 7% below third-quarter levels.
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