NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company's segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.
Looks prime to breakout out of this descending wedge (daily) if it can clear $90/share. Spent a considerable amount of time trading below its 50 week moving average and now its back above all key moving averages. Seems like institution were net buyers on the way down. Earnings are out Thursday (7/28/2016).
Another missed opportunity. stocks1234 beat me too it. ----------------------------------------- Qualcomm (QCOM) in Talks to Acquire NXP Semiconductors (NXPI) - DJ http://www.streetinsider.com/Hot+M+...+NXP+Semiconductors+(NXPI)+-+DJ/12084896.html
$NXPI under 104 again this is volatile as hell staying away made 2 good moves and dont need to be getting caught on wrong side
Qualcomm Inks Deal To Buy NXP For $39 Billion https://finance.yahoo.com/m/97a07ca...e3d5422/ss_qualcomm-inks-deal-to-buy-nxp.html
NXPI share price plunged following a failed merger with Qualcomm. Many investors believe that the current market price significantly undervalues NXPI shares, so the company commenced on a significant buyback. Following the deal termination, many analysts have issued price targets substantially higher than the current NXPI share price, and upgraded the stock to Buy. NXPI currently trades at a significantly lower valuation than its peers.
