The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Xilinx, Inc. Beat the Street Again — so Why Isn’t the Stock Soaring?

Reprogrammable microchip giant Xilinx (NASDAQ: XLNX) reported results last week, covering the first quarter of fiscal year 2018. The company beat Wall Street’s earnings estimates for the reported period, but Xilinx’s share price has been sliding 4% lower since the report. Why are investors giving Xilinx shares the cold shoulder?

Image source: Xilinx.

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