Wednesday, January 2, 2019

INARI---APPLE TURN SOUR

KUALA LUMPUR (Jan 3): Inari Amertron Bhd, along with other technology stocks, took a nosedive this morning, no thanks to the profit warning from Apple Inc, which is one of the company's clients.

The stock opened at RM1.35 this morning, 12 sen lower than yesterday's close of RM1.47, indicating the fierce selling on the semiconductor firm amidst fears of gloomy earnings outlook.

It plunged to a one-year low of RM1.27 as at 11.15am, some 50% below its record high of RM2.53 on Aug 9 last year.

No comments:

Post a Comment