Infineon Could Be Exposed to Profit-Taking Despite Guidance Raise -- Market Talk
Dow Jones05-06
0723 GMT - Infineon Technologies investors could sell the stock on Wednesday despite the German chip maker raising its sales and margin guidance for the fiscal year through September, Citi analysts write in a note to clients. They attribute potential profit-taking to Infineon's strong performance in recent weeks: The stock is up more than 55% since January and has nearly doubled over the past 12 months. Infineon shares in Frankfurt gained more than 1% at market open, but then veered into negative territory. Shares are trading 1.9% lower at 59.34 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
May 06, 2026 03:24 ET (07:24 GMT)
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