Thursday, June 03, 2021
The stock market day
Course rewash in the USA: Semtech hui, Splunk ugh
Quarterly results from the second row determined US after-hours trading by midweek. The technology company Splunk reported a larger loss than analysts expected for the first quarter. However, sales were above market estimates. After the closing bell, the share fell by 3.3 percent.
In contrast, the share of Semtech by 2.5 percent. The semiconductor company more than doubled profits in the first fiscal quarter. Sales were also at the upper end of the company’s forecast.