Why did Texas Instruments move?
Written after the close on
Texas Instruments fell slightly in the last session. Over the past week Texas Instruments rose clearly, moving against a slightly weaker broad market and a roughly flat technology sector, so the gain looks at least partly company-specific rather than sector-driven. The most likely driver is positioning ahead of its late-October earnings report, with analysts expecting a strong jump in quarterly profit, while a downgrade and competitive comparisons with rivals kept the latest session soft. Watch the late-October results for whether that expected profit growth actually shows up.
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