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Stock Market & Financial Investment News

News Breaks
November 9, 2012
09:14 EDTSPRDSpreadtrum gaps down after earnings and guidance, levels to watch
The stock is down over 10% in the pre-market following earnings yesterday after the close. Canaccord downgraded the stock to Hold and cut its price target to $20 on weak guidance by the company and margin concerns. At the current price of $19.10, next support is at $18.45. Resistance is at $20.
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