Scalper1 News
The effect of Amazon’s (AMZN) transition to a hub model will dog Cavium’s (CAVM) top line well into 2016, one analyst said Thursday after the system-on-a-chip maker issued depressed Q4 guidance late Wednesday. Cavium stock was down 4.1% from Wednesday’s close, trading near 69, in the stock market today. Shares had tumbled 9% in after-hours trading Wednesday following Cavium’s Q3 report. For its fiscal Q3 ended Sept. 30, Cavium reported $105.1 Scalper1 News
Scalper1 News