Semtech Stock's Breakout Could Have Another Leg Higher
Semtech(SMTC) MarketBeat·2024-06-06 19:16
Shares of Semtech Co. NASDAQ: SMTC had been stuck in limbo until recently. For the past two years, the stock struggled to break out of its 30 price channel. That was until the past quarterly earnings figures came on the scene, bringing Semtech shareholders a much-needed breakout to what is now 89% of the stock’s 52-week high price. Semtech Today SMTC Semtech 13.13 ▼ 42.35 Add to Watchlist While other technology stocks, particularly semiconduc ...