IQE (LON:IQE) Posts Intra-Day Profit Warning: Shares Fall 30%

iqe share price

Cardiff-based chip-maker IQE yesterday took the unusual step of releasing a profit warning at 4.20pm after rumours broke in the US that Apple suppliers were anticipating a decrease in demand for its handsets. The price reaction to this news was perhaps understandable: a fall of 30% which included a slide throughout the day. Another RNS … Read more