By Steve Moore | Tuesday 2 July 2024
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on “semiconductors for global communications markets” company CML Microsystems (CML), in March with the shares down to 320p I concluded its trading trajectory sounded a note of caution ahead of full year results detail and to continue to avoid. The shares most recently closed at 337.5p, but what of them currently down towards 300p on the back of the results announcement today?
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