Semiconductor Equipment Meltdown
July 12, 2011 at 10:31 AM EDT
All of the semiconductor equipment makers are under sharp selling pressure this morning. Novellus Systems Inc. (NASDAQ:NVLS) reported earnings last night and the stock is not being well received by the markets. The company reported better than expected earnings but the outlook was very weak. The stock is trading lower by $2.71 to $33.06 a [...]
