BUZZ-Teradyne plunges after management flags imminent tariff-fueled uncertainty

Reuters
03-11
BUZZ-Teradyne plunges after management flags imminent tariff-fueled uncertainty

** Shares of electronic device testing equipment maker Teradyne TER.O slump 19.6% to $84.36 in morning trade, making it the top decliner on the S&P 500 .SPX

** TER sees short-term volatility in semiconductor testing business caused by new uncertainty around tariffs and trade restrictions – Analyst Day presentation

** TER sees Q2 revenue flat to decline of 10% v/s Q1 – Analyst Day presentation

** Including session's moves, Teradyne shares have fallen ~20.7% in the last 12 months

(Reporting by Rishi Kant in Bengaluru)

((Rishi.Kant@thomsonreuters.com))

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