On October 30, Vicor fell 9.68% in Regular Trading, trading at $195.965 per share, with turnover of $14.628 million.
The move came as the market continued to digest Vicor's recently reported third-quarter results and previously raised growth outlook, while the stock pulled back after earlier strength.
Vicor reported third-quarter revenue of $197.1 million, above market expectations near $187 million, while diluted EPS was $1.33, below some estimates of $1.37 but up sharply from $0.63 a year earlier. Earlier, the company had raised its third-quarter sequential growth guidance to more than 30%, citing higher royalty income tied to a non-exclusive Vertical Power Delivery license. Recent market reports described the October 30 weakness as a continuation of that post-results digestion process.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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