Business · Markets · 3 hrs ago
CMTX shares fall more than 25% after weak third-quarter results
CMTX shares fell more than 25% in early trading on South Korea’s KOSDAQ market on Nov.
3.
The semiconductor parts maker’s third-quarter results fell short of market expectations.
Sales rose from a year earlier, but operating profit and net profit dropped sharply.
The weaker profits appear to have weighed on the share price.
At 9:41 a.m., the shares were down 15,150 won, or 25.55%, to 44,150 won.
The available information does not say what the company plans to do next.
CMTX shares fell 25.55% in early trading on the KOSDAQ after the company reported third-quarter results below market expectations.
At 9:41 a.m. on November 3, the shares were trading at 44,150 won.
The price was down 15,150 won from the previous trading day.
Revenue increased from a year earlier, while operating profit and net income fell sharply.
- Who
- CMTX, a semiconductor components company.
- What
- Its shares fell 25.55% in early trading after it reported third-quarter results below market expectations.
- When
- November 3, 2026; the reported share price was at 9:41 a.m.
- Where
- The KOSDAQ market.
- Why
- Revenue rose from a year earlier, but operating profit and net income fell sharply.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Share-price change
- Down 15,150 won, or 25.55%
- Share price
- 44,150 won at 9:41 a.m. on November 3
- Market
- KOSDAQ
- Third-quarter revenue
- Increased from a year earlier
- Operating profit and net income
- Fell sharply from a year earlier