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Apple Chip Suppliers Struggle, But Cirrus Logic Holds

2015-07-25 03:24:25| Electronics - Topix.net

The price action isn't surprising in light of was in the same boat not that long ago, but buyers were in the stock in spades Thursday after strong earnings fueled a bullish gap up in price. Fiscal first-quarter profit at Cirrus jumped 46% from a year earlier to 54 cents a share, well ahead of the consensus estimate of 43 cents.

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