NasdaqGM:ACMRSemiconductor
Assessing ACM Research (ACMR) Valuation After Semiconductor Selloff And Earnings Downgrades
ACM Research (ACMR) dropped 9.4% during a broad selloff in semiconductor equipment stocks, as concerns about the sector’s near term outlook combined with fresh downward revisions to the company’s earnings estimates.
See our latest analysis for ACM Research.
The latest drop comes after a strong run, with the share price up 27.47% over 30 days and 63.40% over 90 days, while the 1-year total shareholder return is very large and the 3-year total shareholder return is more than 6x. This suggests...