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Published on 10 May 2024 on Benzinga

Why Diodes Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday's Mid-Day...

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Shares of Diodes Incorporated DIOD fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results.

Diodes posted adjusted earnings of 28 cents per share, missing market estimates of 31 cents per share. The company's quarterly sales came in at $301.97 million missing expectations of $305.01 million, according to data from Benzinga Pro.

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