FormFactor Stock Up 22% and Drawing a $35 Million New Stake as The Firm Beats Q3 Estimates
One fund’s sizable move into FormFactor hints at where the next leg of semiconductor infrastructure spending may show up firstNew York City-based Shannon River Fund Management initiated a new position in FormFactor (FORM +0.01%), adding 968,161 shares worth about $35.26 million as of a November 13 SEC filing.What HappenedAccording to a November 13 SEC filing, Shannon River Fund Management LLC disclosed a new stake in FormFactor, acquiring 968,161 shares. The position, valued at $35.26 million as of Septembe ...