Why QuickLogic (QUIK) Dipped More Than Broader Market Today

QuickLogic (QUIK) closed the most recent trading day at $8.00, moving -1.36% from the previous trading session. This move lagged the S&P 500's daily loss of 1.04%. Meanwhile, the Dow experienced a drop of 1.66%, and the technology-dominated Nasdaq saw a decrease of 1.13%. Prior to today's trading, shares of the maker of chips for mobile and portable electronics manufacturers had lost 4.92% lagged the Computer and Technology sector's gain of 0.34% and the S&P 500's gain of 1.75%.Analysts and investors alike ...