The Traderszone Network

Published in TZ Latest News 10 May, 2016 by The TZ Newswire Staff

Why InvenSense, Inc. Stock Plunged Today

Image source: InvenSense.

What: Shares of InvenSense (NYSE: INVN) fell as much as 20.5%, then partially recovered to trade down 13.3% as of 11:00 a.m. ET Tuesday after the motion sensor chip company released solid fiscal-fourth quarter 2016 results, but followed with disappointing guidance.

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