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Today's Biggest Semiconductor Stocks Losers were INTC, MU, SNDK : by Penny Stock Pick alert

Penny Stock Pick alert reports that Intel Corporation, Micron Technology and SanDisk Corporation today were Biggest Semiconductor Stocks Losers.

 



(EMAILWIRE.COM, November 20, 2009 ) Dallas, TX - Intel Corporation (NASDAQ:INTC) fell 4.08% to end the day at $19.30 after Bank of America/ML downgraded the stock from Buy to Neutral. The price target on INTC was lowered from $27 to $21.50. Intel Corporation is a semiconductor chip maker. The Company is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications.

Micron Technology, Inc. (NYSE:MU) plunged 4.81% to close at $7.12. So far this year, the stock is up over 170%. Micron Technology, Inc. is a global manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM) and Nandi Flash memory (NAND). In addition, the Company manufactures complementary metal-oxide semiconductor (CMOS) image sensor products under a wafer foundry arrangement.

SanDisk Corporation (NASDAQ:SNDK) decreased 4.91% to close at $20.12. So far this year, the stock has rallied over 110%. SanDisk Corporation (SanDisk) is engaged in designing, developing and manufacturing products and solutions in a range of form factors using the flash memory, controller and firmware technologies. The card products are used in a range of consumer electronics devices, such as mobile phones, digital cameras, gaming devices and laptop computers.

ABOUT http://www.PennyStockPickalert.com

Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.

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