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Teradyne (TER) stock dropped by as much as 17% ahead of Tuesday's session close after the automated test equipment (ATE) manufacturer revised its guidance lower.
Julie Hyman and Josh Lipton report more on Teradayne's stock moves.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
All right, our next trending ticker. Look at Teradyne here. Those shares also getting slammed today. Uh, stocks falling hard, most intraday since January 2022. The semiconductor manufacturing company sees Q2 revenue, uh, looks like flat to down 10% compared to the previous quarter, Julie.
Yes, this is a semiconductor equipment maker, testing maker here. And so there was some talk about some of its testing pro- uh, products, particularly one called Semitest, um, that there was some volatility in that business because of the trade uncertainty that we are watching out there. Um, so the company says there's no effect right now in the first quarter guidance, but is now saying that second quarter revenue will be flat to down 10% compared to the previous quarter. Um, this was during its analyst day that it made these comments. The stock's already down over the past 12 months, including uh,
Yeah, down about 30% in 2025, though. Well,