Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / ACMR - Why ACM Research Stock Plunged Today


ACMR - Why ACM Research Stock Plunged Today

Shares of ACM Research (NASDAQ: ACMR) were tumbling today as the maker of semiconductor cleaning equipment fell in sympathy with Semiconductor Manufacturing International (OTC: SMIC.Y) (SMIC), a chipmaker and customer of ACM that may get blacklisted by the U.S. Department of Commerce. The news also triggered an analyst downgrade on ACM Research.

As of 2:53 p.m. EDT, ACM shares were down 28.3%, while SMIC stock had fallen 20.3%.

Image source: Getty Images.

Continue reading

Stock Information

Company Name: ACM Research Inc.
Stock Symbol: ACMR
Market: NASDAQ
Website: acmrcsh.com

Menu

ACMR ACMR Quote ACMR Short ACMR News ACMR Articles ACMR Message Board
Get ACMR Alerts

News, Short Squeeze, Breakout and More Instantly...