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Analog Devices Stock Plunges 7% on Guidance Miss

Analog Devices Stock Plunges 7% on Guidance Miss

Analog Devices (NASDAQ:ADI) shares dropped more than 7% on Wednesday after the company reported its Q2 earnings results. While both EPS of $2.83 and revenue of $3.26 billion came in better than the Street estimates of $2.75 and $3.21 billion, respectively, guidance missed the consensus estimates. Th...

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