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Shares of the semiconductor equipment companies KLA-Tencor and ASML Holdings are trading lower Tuesday after Deutsche Bank analyst Vishal Shah cut his ratings on both companies to Sell.
FORBES: KLA-Tencor, ASML Slide As Deutsche Bank Cuts To 'Sell'
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Among the largest underlying components of SMH, in trading today ASML Holding NV ( NASD: ASML) is off about 2.6%, Arm Holdings plc ( NASD: ARMH) is up about 0.5%, and Xilinx, Inc. ( NASD: XLNX) is higher by about 0.6%.
FORBES: Semiconductor ETF Experiences Big Outflow
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Among the largest underlying components of SMH, in trading today Arm Holdings plc ( NASD: ARMH) is off about 0.9%, ASML Holding NV ( NASD: ASML) is down about 0.8%, and Xilinx, Inc. ( NASD: XLNX) is relatively unchanged.
FORBES: SMH, ARMH, ASML, XLNX: Large Outflows Detected at ETF