Workflow
STMicroelectronics Plunges 50% in 2024: How to Play the Stock in 2025
STMST(STM) ZACKS·2025-01-06 14:56

STMicroelectronics (STM) shares have plunged 50.2% in 2024 against the Zacks  Semiconductor-General industry and the Zacks Computer & Technology sector’s return of 119% and 30.4%, respectively.Over the same time frame, it lagged behind its industry peers, including NVIDIA (NVDA) and Amtech Systems (ASYS) . In 2024, shares of NVDA and ASYS have climbed 171.1% and 29.7%, respectively.The pessimism surrounding the stock can be attributed to the continued softness in the automotive and industrial end markets, w ...