SkyWater Technology 8-K Shows Co. Frame Deal For Purchase Of Wafers, Services With Infineon Technologies
On March 29, 2022, SkyWater Technology Foundry, Inc., a subsidiary of SkyWater Technology, Inc. (the “Company”), entered into a Frame Agreement for the Purchase of Wafers and Services (the “Frame
Needham Maintains Buy on SkyWater Technology, Lowers Price Target to $15
Needham analyst Rajvindra Gill maintains SkyWater Technology (NASDAQ:SKYT) with a Buy and lowers the price target from $25 to $15.
Earnings Scheduled For February 22, 2022
Companies Reporting Before The Bell
• Gaotu Techedu (NYSE:GOTU) is projected to report quarterly earnings at $0.13 per share on revenue of $439.63 million.
Stocks That Hit 52-Week Lows On Friday
Before 10 am on Friday, 110 companies set new 52-week lows.
35 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Insignia Systems, Inc. (NASDAQ: ISIG) shares jumped 79% to $18.63. Insignia Systems recently announced the commencement of a formal process to explore strategic options to maximize shareholder value, including potential merger or acquisition.
Needham Maintains Buy on SkyWater Technology, Lowers Price Target to $25
Needham analyst Rajvindra Gill maintains SkyWater Technology (NASDAQ:SKYT) with a Buy and lowers the price target from $32 to $25.
86 Biggest Movers From Yesterday
Gainers
FAT Brands Inc. (NASDAQ: FATBB) shares gained 99.2% to settle at $15.44. FAT Brands recently announced plans to acquire Fazoli’s Restaurant Chain for $130 million.