Veeco trades down to test its 10-day moving average, levels to watch The shares are testing support at the 10-day moving average, last at $29.12. Support below the 10-day is at $28.68. Resistance is at $29.75. The stock was downgraded earlier today at B. Riley to Neutral, with a $31 price target. The firm cited the uncertain view for 1H 2013 and the delayed 10-Q filing as reasons for the downgrade.
News For VECO From The Last 14 Days
Check below for free stories on VECO the last two weeks.
Veeco Odyssey IBD upgrade supports EUV commercialization roadmap Veeco announced that its new Odyssey Ion Beam Deposition Upgrade for the NEXUS IBD-LDD System has repeatedly produced photomask blanks with zero deposition defects larger than 70 nanometers. This represents a significant milestone toward the manufacture of semiconductor devices with advanced extreme ultraviolet lithography.