Why Teradyne Stock Slumped This Week (Hint: Tariffs Are Starting to Hurt)

Shares in test technology company Teradyne (NASDAQ: TER) declined by 21.4% in the week to Friday morning. The move comes after management updated the market on current trading conditions during its analyst day presentation on Tuesday.The company's main end market is automated test systems for semiconductors and data electronics. These are cyclical end markets subject to capital spending decisions in key industries such as consumer electronics, industrial, automotive, aerospace, and defense.Unfortunately, the recent update suggests a slowdown is in place due to "uncertainty around tariffs and trade restrictions." Accordingly, management cut its second-quarter and full-year guidance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool