Raymond James analyst William Crow downgrades Sunstone Hotel Invts (NYSE:SHO) from Market Perform to Underperform.
UMC Expects Q4 Wafer Shipments To Decline, Stock Slides
United Microelectronics Corp (NYSE: UMC) reported a third-quarter FY23 revenue decline of 24.3% year-on-year to $1.77 billion (NT$57.07 billion), beating the consensus of $1.75 billion.
The revenue increased by 1.4% Q/Q, driven by favorable foreign exchange and a better product mix.
