Amkor Falls 18% in 3 Months: How Should Investors Play the Stock?
Amkor Technology(AMKR) ZACKS·2024-09-24 00:41
Amkor Technology (AMKR) shares have lost 17.7% in the past three months, underperforming the Zacks Electronics - Semiconductors industry and the S&P 500 index’s return of 2.2% and 4.2%, respectively. The underperformance is attributable to a myriad of challenges that are keeping the investors away.Throughout the past year, Amkor struggled with supply chain disruption caused by geopolitical tension and faced macroeconomic challenges caused by high inflation and interest rates. The outsourced semiconductor pa ...