Alert: Major Price Decline (9/3/24)-Amkor Technology Inc (NASDAQ: AMKR).

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Amkor Technology Inc (NASDAQ: AMKR) stock closed at $29.60 on 9/3/24 after a major decline of -10.0%. NORMAL trading volume accompanied the decline. The stock has declined -11.3% during the last week but has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AMKR is expected to continue to be an important Value Builder.

Amkor Technology has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Amkor Technology has a slightly positive Power Rating of 68 and a good Appreciation Score of 71, and the Positive Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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