FormFactor is trading at $95.83 (-8.79%) as the broader semiconductor sector faces pressure from profit-taking and headlines regarding China-tech breakthroughs.
- The selloff impacted chip names across the board, with the SOXX index dropping 3.49% during regular trading hours.
- No company-specific announcements or earnings catalysts were provided for July 27, suggesting the move is driven by sector-wide sentiment rather than internal factors.
- This decline extends a recent period of weakness for the stock, following a sharp -7.73% close on July 24.