Shares of International Rectifier (IRF) trail off 1.9% premarket after the firm lowers its...

|About: International Rectifier C... (IRF)|By:, SA News Editor

Shares of International Rectifier (IRF) trail off 1.9% premarket after the firm lowers its revenue guidance on weaker demand in Europe and China. The firm now expects FQ2 revenue of $229M-$230M, down from its prior estimate of $240M to $270M.