Published on 24 Sep 2021 on Zacks via Yahoo Finance
Diodes (DIOD) Stock Sinks As Market Gains: What You Should Know
Diodes (DIOD) closed at $94.88 in the latest trading session, marking a -0.36% move from the prior day. This move lagged the S&P 500's daily gain of 0.15%.
Heading into today, shares of the semiconductor components maker had gained 1.37% over the past month, outpacing the Computer and Technology sector's gain of 0.81% and the S&P 500's loss of 0.58% in that time.
DIOD will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.38, up 122.58% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $467.6 million, up 51.1% from the year-ago period.