Friday, May 8, 2020

Stock Alert: Inphi Up 8% On Q1 Results, Outlook

Shares of Inphi Corp. (IPHI), a provider of analog and mixed signal semiconductor solutions, are rising more than 8 percent or $8.43 in Friday's morning trade at $107.40 after the company's net loss for the first quarter narrowed and it provided an upbeat outlook for the second quarter. The stock has traded in a range of $39.34 to $116.98 in the past 52 weeks.

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