From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
Vicor Plunges 6.0% in Sector Selloff
Vicor Corporation drops 6.0% as sector peers fall in coordinated selloff.
In brief
Vicor Corporation drops 6.0% as sector peers fall in coordinated selloff. Vicor Corporation fell 6.0% Wednesday amid sector-wide selling pressure, with three peers dropping 5.0% to 6.7%. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Vicor Plunges 6.0%
Vicor Corporation plunged 6.0% on Wednesday as a brutal selloff swept across its sector peers, dragging the power solutions specialist down to $251.13.
Sector Peers Drop 5.0% to 6.7%
The electronic components maker fell in lockstep with a coordinated decline that hammered multiple companies in the space, with three tracked peers posting losses ranging from 5.0% to 6.7%.
Market Capitalization Shaved
Vicor changed hands 251,325 times during the session as shareholders absorbed the decline, shaving $11.6 billion market capitalization.
The essence
Vicor Corporation fell 6.0% Wednesday amid sector-wide selling pressure, with three peers dropping 5.0% to 6.7%.
