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Published in TZ Latest News 8 July, 2016 by The TZ Newswire Staff

Why NXP Semiconductors Stock Slumped 17% in June

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Image source: NXP Semiconductors.

What: Shares of NXP Semiconductors (NASDAQ: NXPI) dropped 17.1% in June, according to data provided by S&P Global Market Intelligence. Given that NXP is based in the Netherlands, the Brexit vote seems to be the principal reason the stock tumbled.

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