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NXP Semiconductors Slips 7%

NXP Semiconductors N.V. (NXPI) shares are sliding 7 percent on Tuesday morning trade after reaching a year-to-date high yesterday. There were no specific announcements from the company to influence the stock movement.

Currently, shares are at $210.48, down 7.53 percent from the previous close of $227.64 on a volume of 1,501,112. The shares have traded in a range of $117.25-$228.72 on average volume of 2,236,725.

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