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Fairchild Semiconductor (FCS) in Focus: Stock Gains 15.6%

Fairchild Semiconductor International Inc.FCS was a big mover last session, as the company saw its shares roughly 16% on the day. Shares moved up on reports that the company is looking for a buyer. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.05 to $14.80 in the past one-month time frame.

This semiconductor industry stock witnessed one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.

Fairchild Semiconductor carries a Zacks Rank #3 (Hold).

However, a better-ranked stock in the same space is Inphi Corporation IPHI , sporting a Zacks Rank #1 (Strong Buy).

Is FCS going up? Or down? Predict to see what others think: Up or Down

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FAIRCHILD SEMI (FCS): Free Stock Analysis Report

INPHI CORP (IPHI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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