Market Overview

Report: Cypress Semi Could Be Considering A Sale Of Itself

Share:

Semiconductor design and manufacturing company Cypress Semiconductor (NASDAQ: CY) shares spiked Wednesday morning after Bloomberg reported there is takeover interest.

Cypress Semiconductor shares were halted on a circuit breaker around 10 a.m. ET. Shares were halted for about 10 minutes and continued higher upon resumption.

At time of publication, Cypress Semiconductor's stock was trading higher by 10.4 percent at $17 per share.

Related Links:

Jim Cramer Weighs In On Cypress Semiconductor, American Airlines

MKM: Cypress Semiconductor Has Repositioned Itself For Market-Leading Growth

Posted-In: M&A News Rumors

 

Related Articles (CY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com