🔴 COHU is trading 5.5% down today amid continued semiconductor-stock selling

COHU is trading 5.5% down at $55.97 after continued selling in semiconductor stocks and broader pressure on technology valuations.

• The semiconductor sector is under strain from elevated Treasury yields, oil-driven inflation concerns, and geopolitical uncertainty.
• The Nasdaq is also weaker.
• COHU is scheduled to appear at the Needham semiconductor conference on August 19; no fresh company-specific negative announcement was identified.