4DS Memory Share Price Plunges as Semiconductor Company Initiates Strategic Review

4DS Memory share price plunges as semiconductor company initiates strategic review

4DS share price dives 67pc after coming out of trading halt Board orders strategic review, puts tech development on ice imec and Infineon ties cut as execs depart   There’s nothing like a trading halt to get investors on edge. But when 4DS Memory (ASX:4DS) came back onto screens this morning, the relief didn’t come. Instead, the stock went into freefall, down as much as 67% (per Market Index) after the company noted it was halting development an…

4DS Memory becomes a penny stock as company walks away from key tech partners

Share a thought for 4DS Memory (ASX:4DS) shareholders on Friday, who have seen shares fall -70% after patiently waiting for the company to come out of a self-imposed suspension it ordered when it missed its own deadline for a strategic review. The company is now at an all time low and has dipped below 1c; the strategic review 4DS Memory failed to make its own deadline for related to the overall failure of its microchip technology to live up to s…