Plus   Neg

Synaptics Climbs Off Worst Levels But Remains Firmly Negative

Shares of Synaptics (SYNA) have climbed off their worst levels of the day but remain firmly in negative territory in late-day trading on Wednesday. After hitting its lowest level in almost two months, Synaptics is currently down by 6.1 percent.

Synaptics initially came under pressure on news the human interface solutions developer has terminated discussions regarding a takeover by Dialog Semiconductor.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of Volkswagen Group were gaining around 3 percent in German trading after the automotive giant Thursday reported market recovery in the third quarter with improved deliveries in the month of September. For the first nine months of fiscal 2020, the company, meanwhile reported sharply lower earnings with weak revenues and sales volume. Comcast Corp. on Thursday reported a 37 percent decline in profit for the third quarter from last year, hurt primarily by revenue decline at NBCUniversal. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also declared a quarterly dividend. In the pre-market trade, CMCSA is trading at $42.83, up $0.85 or 2.02 percent. Regeneron announced positive results from its late stage COVID-19 outpatient trial, indicating that its antibody cocktail therapy significantly reduced virus levels and need for further medical attention. The trial results showed that investigational antibody cocktail, REGN-COV2, met the primary and key secondary endpoints.
Follow RTT