InvenSense Beats Apple Odds, Rockets On Q2 Earnings

By | October 29, 2015

Scalper1 News

InvenSense (INVN) stock rocketed Thursday on Wall Street after the Apple (AAPL) chip supplier reported fiscal Q2 earnings that beat forecasts and jumped 220% year over year. San Jose, Calif.-based InvenSense closed up 11% at 11.82. But InvenSense’s Q2 score didn’t drag other Apple chip suppliers out of the mire created by NXP Semiconductors (NXPI), which crashed 19.7% Thursday after missing Q3 revenue forecasts and guiding Q4 flat to down. Avago Scalper1 News

Scalper1 News