Why Axcelis Technologies Stock Is Sinking Today
ACLSAxcelis(ACLS) The Motley Fool·2024-02-09 02:08

Axcelis Technologies (ACLS -6.10%) stock is losing ground Thursday. The semiconductor equipment company's share price was down 7.3% as of 12:30 p.m. ET, according to data from S&P Global Market Intelligence. Axcelis published fourth-quarter earnings results after the market closed yesterday and actually delivered sales and earnings performance that beat Wall Street's expectations. The business posted earnings of 2.15pershareonrevenueof2.15 per share on revenue of 310.29 million, beating the average analyst estimate's call for a ...