Applied Materials Analysts Flag $600 Million Guidance Shortfall, China Slowdown
What happens when a tech giant’s impressive earnings report can’t shield it from a market nosedive? As Applied Materials Inc. AMAT experiences a surprising slump, analysts weigh in on the forces at play behind the scenes. Shares of Applied Materials declined in early trading on Friday, despite the company’s upbeat fiscal third-quarter results reported on Thursday.The announcement came amid an exciting earnings season. Here are some key analyst takeaways.BofA Securities On Applied MaterialsAnalyst Vivek Ary ...