SWKS Stock: Bullish View Vindicated
Skyworks Solutions Inc (NASDAQ:SWKS) reported first-quarter earnings after the close of trading on January 19, and it beat on both the top and bottom lines. If this news was not great on its own, Skyworks threw in a $500.0 million stock repurchase program as a cherry on top. Investors stood up and applauded this news by sending SWKS stock soaring by 7.7% in after-hours trading.
I can't say that I am even slightly surprised by this bullish price action because I have been bullish on SWKS stock since I.
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Skyworks Solutions Inc (NASDAQ:SWKS) reported first-quarter earnings after the close of trading on January 19, and it beat on both the top and bottom lines. If this news was not great on its own, Skyworks threw in a $500.0 million stock repurchase program as a cherry on top. Investors stood up and applauded this news by sending SWKS stock soaring by 7.7% in after-hours trading.
I can't say that I am even slightly surprised by this bullish price action because I have been bullish on SWKS stock since I.
Den vollständigen Artikel lesen ...