Scalper1 News
InvenSense (INVN) likely used aggressive pricing to win Apple as a customer, two analysts contend, which they say has “degraded fundamentals” for the gyroscope maker and prompted them to initiate coverage with a neutral rating. Rosenblatt Securities analysts Brian Blair and Jun Zhang initiated coverage of InvenSense on Thursday, noting in a research report that the San Jose, Calif.-based designer of motion-sensing chips faces eroding fundamentals Scalper1 News
Scalper1 News