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Himax Blames 'Abrupt and Significant Correction' in Auto Chip Demand as Stock Crashes Nearly 30%. Is Now the Time to Buy?
Source: Nasdaq
Corporate Guidance & OutlookCorporate EarningsCompany Fundamentals
Himax expects fourth-quarter revenue to fall 22% to 26% from the third quarter, according to its Thursday earnings call. Its shares were down nearly 30% in Thursday trading.
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