Applied Materials (AMAT) stock fell Friday, a day after the No. 1 producer of chip-making equipment reported fiscal Q4 results that modestly beat expectations, but gave a disappointing forecast. Applied Materials stock was down a fraction, near 17.50, in midday trading on the stock market Friday. Late Thursday, the Santa Clara, Calif.-based company reported earnings per share minus items of 19 cents on sales of $1.99 billion for the quarter ended
Excerpt from:
Applied Materials Disappoints With Q1 Forecast