TSE:6871Semiconductor
Micronics Japan (TSE:6871) Revises Down Q3 Earnings Guidance
Micronics Japan (TSE:6871) recently announced an increased annual dividend and revised down its Q3 earnings guidance due to production delays. Despite these mixed events, the company's stock price rose 18% last week. This price movement aligns with the broader market trend, which saw significant gains driven by investor optimism on the macroeconomic front, including expectations for Federal Reserve rate cuts. While Micronics Japan's dividend increase would have supported investor sentiment,...