UMC Plunges 20% Year to Date: Should You Buy, Hold or Sell the Stock?

United Microelectronics (UMC) shares have lost 19.9% in the year-to-date period against the Zacks Electronics - Semiconductors industry’s rise of 44.3% and the broader Zacks Computer & Technology sector’s return of 27.4%.UMC has also underperformed its peers, such as Toshiba and Taiwan Semiconductor (TSM) , which offer similar semiconductor manufacturing services. Taiwan Semiconductor has returned 83.5% YTD, whereas Toshiba has lost 7.9% over the same time frame. The underperformance can be attributed to in ...