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Freescale Semiconductor Ltd. (FSL) Is Challenging The Highs After Q1 Report

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Freescale Semiconductor Ltd. (FSL: Quote) reported a first quarter adjusted loss of $0.03 per share after the close Thursday, compared to the loss of $0.04 per share last year. The consensus estimate was for a loss of $0.09.

Freescale Semiconductor gapped open higher Friday and is now up 1.28 at $15.83 in early trade. The stock is now challenging resistance at the highs of the year, trading at over a 1-month high.

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by RTT Staff Writer

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