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GlobalFoundries Expects Lower 1Q Sales Following 4Q Declines

By Dean Seal GlobalFoundries is guiding for declining sales and earnings in the first quarter after its top and bottom lines fell in the final three months. ....

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Ellevest Inc. Boosts Holdings in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)

Ellevest Inc. lifted its stake in GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Free Report) by 31.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,407 shares of the company’s stock after purchasing an additional 2,016 shares during the quarter. Ellevest Inc.’s holdings in GLOBALFOUNDRIES were worth $489,000 at the end of the most recent quarter. Several […] ....

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GlobalFoundries Shares Slip As Guidance Falls Short Of Estimates Amid Chip Glut

GlobalFoundries produces chips for many companies, with a particular focus on “lagging edge” parts used in mobile, communications, industrial, and automotive. ....

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GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Get Free Report) have received an average recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month price […] ....

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GLOBALFOUNDRIES (NASDAQ:GFS) Shares Down 3%

GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Get Free Report) shares were down 3% during trading on Friday . The stock traded as low as $57.33 and last traded at $57.54. Approximately 723,446 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 1,272,950 shares. The stock had previously closed at $59.33. […] ....

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