Apple Vendor Synaptics Falls On Earnings, Outlook

By | July 31, 2015

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A disappointing earnings report drove shares of Synaptics (SYNA) to fall to a seven-month low Friday, though the stock rallied later in the session. The Apple (AAPL) touchscreen supplier late Thursday reported earnings for its fiscal Q4 ended June 30 that missed Wall Street expectations, as did its guidance. At least four investment banks lowered their price targets on Synaptics stock on the results. The company, whose technology includes Scalper1 News

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