STMicroelectronics Shares Drop After Q3 Revenue Outlook Misses Estimates

Shares of STMicroelectronics (STM) fell approximately 12% in premarket trading after the company's third-quarter revenue outlook came in below estimates. Despite this, its second-quarter results exceeded analyst expectations.

By Ravikash Bakolia, SA News Editor · Seeking Alpha ·

STMicroelectronics Shares Drop After Q3 Revenue Outlook Misses Estimates

Tickers: $STM

Topics: Q3 Revenue Outlook STMicroelectronics Stock Price Drop

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