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Taiwan Semiconductor Stock Fell On Tuesday, Underperforms Market

Via News Editorial Team

November 25, 2020

Taiwan Semiconductor Stock Fell On Tuesday, Underperforms Market
The New York Stock Exchange ended the session with Taiwan Semiconductor falling 1.52% to $96.64 on Tuesday while the New York Stock Exchange rose 1.79% to $14,249.50. Taiwan Semiconductor yesterdays's close was $98.13, below its 52-week high of $102.44. Taiwan Semiconductor's sales growth is 18.6% for the current quarter and 10.8% for the next. The company's growth estimates for the present quarter and the next is 27.4% and 4%, respectively. Taiwan Semiconductor's stock is valued at $96.64 at 19:58 EST, below its 52-week high of $102.44 and way higher than its 52-week low of $42.70. Taiwan Semiconductor's value is higher than its 50-day moving average of $89.40 and way above its 200-day moving average of $73.63.