Stock to watch tomorrow : PMCS
Chart courtesy of stockchartsPMC-Sierra Cuts revenue outlook, it announced after the bell.
PMC-Sierra lowered its projected revenue for the third quarter, it expects revenue of about $114 million to $116 million, compared with a previous view of $122 million to $124 million.
According to the daily chart, the stock is trading in a downtrend and probably tomorrow it will reach or even break the bottom of the trading range mentioned in the green lines. Stock down nearly 10% in after-hours.
That's All. Have a great evening.
AC
PMC-Sierra lowered its projected revenue for the third quarter, it expects revenue of about $114 million to $116 million, compared with a previous view of $122 million to $124 million.
According to the daily chart, the stock is trading in a downtrend and probably tomorrow it will reach or even break the bottom of the trading range mentioned in the green lines. Stock down nearly 10% in after-hours.
That's All. Have a great evening.
AC
