Soitec SA Share From reverse split

SOI: XPAR (FRA)
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Soitec Earnings: The Recovery Narrative Is Broken; Reducing Fair Value Estimate

Soitec’s story continues to deteriorate and challenges keep intensifying. Shares are down 25% Nov. 20 after second-quarter fiscal-year results, with the stock down 70% year to date, reflecting a cyclical inventory correction and structural issues across product lines.

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