QuickLogic Plunges 48% YTD: How Should Investors Play the Stock?
QUIKQuickLogic(QUIK) ZACKS·2024-09-11 00:15

QuickLogic (QUIK) shares have plunged 48.4% year to date (YTD) against the Zacks Internet – Software industry’s growth of 9%.QUIK stock has also underperformed the Zacks Computer and Technology Sector and S&P 500 index in the YTD period. The Zacks Computer and Technology sector and the S&P 500 index have returned 13.6% and 14.4%, respectively, YTD.Given QuickLogic’s dominant position in the eFPGA market, this underperformance is disappointing. This raises a crucial question for investors: Is it time to hold ...