Trade tensions prompt supply chain changes for firms in China - News Summed Up

Trade tensions prompt supply chain changes for firms in China


On Wednesday afternoon, Apple Inc. cut guidance sending its stock down 10 per cent and the S&P 500 down 2.5 per cent. Enphase Energy transcript DOCC /ID FS000000002458595237 P34Enphase share fell 2.5% in 4Q after slumping 28 per cent in 3Q. Steve Madden — DOCC /ID FS000000002482750814 P3Steve Madden shares declined 13.8 per cent in Q4. Arista Networks transcript — DOCC /ID FS000000002490370932 P3Arista shares fell 21 per cent in 4Q. Universal Electronics transcript- DOCC /ID FS000000002506952526 P3Universal Electronics slumped 36 per cent in the 4Q.


Source: thestar January 04, 2019 19:52 UTC



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