On October 30, Vicor fell 5.52% Overnight, trading at $195.21 per share, with turnover of $31,200.
The move came as the market continued to digest the company’s third-quarter results and previously raised growth guidance, while the stock pulled back after earlier strength.
Vicor reported third-quarter revenue of $197.1 million, above expectations around $187 million, while EPS was $1.33, below some estimates of $1.37 but up sharply from $0.63 a year earlier. Earlier, the company raised its third-quarter sequential growth outlook to more than 30%, citing higher royalties from a non-exclusive Vertical Power Delivery license, reinforcing expectations for revenue elasticity but not preventing near-term profit-taking.
(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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