Morgan Advanced Materials: Stock Plummets on Weak Demand

Chip supplier Morgan Advanced Materials sees stock prices plummet! Find out why the company is forecasting lower annual sales, blaming weak semiconductor demand and European market uncertainty. Was this drop predictable, and what does it mean for investors? We break down the numbers and analyst reactions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.