Scalper1 News
PMC-Sierra (PMCS) stock surged Tuesday on Wall Street after Apple (AAPL) chip supplier Skyworks Solutions (SWKS) announced its $2 billion acquisition of the Sunnyvale, Calif.-based chipmaker. But PMC-Sierra’s gain was Skyworks’ loss. Skyworks stock dipped nearly 7% in afternoon trading Tuesday as PMC stock rocketed more than 33% in heavy trading. The gain lifted PMC stock to its highest level in six years. Skyworks will pay $10.50 per share for Scalper1 News
Scalper1 News