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OmniVision (OVTI -2.6%) and RF Micro Devices (RFMD -3.5%) are two more names selling off in...

OmniVision (OVTI -2.6%) and RF Micro Devices (RFMD -3.5%) are two more names selling off in response to Skyworks' (SWKS -8.1%) underwhelming FQ4 guidance hike. The fact companies such as OmniVision and Cirrus Logic (Apple suppliers, but not RF chipmakers) are lower following the update suggests some investors are using the news to book profits on the iPhone 5 component trade.
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Comments (1)
  • ramzi15
    , contributor
    Comments (21) | Send Message
     
    What does everyone think of this dumping (14% down) of Skyworks? Isnt it a bit overblown?
    20 Sep 2012, 03:18 PM Reply Like
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