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GlobalFoundries on watch for $1.91 billion move after volatile stretch
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GlobalFoundries on watch for $1.91 billion move after volatile stretch
GlobalFoundries shares fell 0.82% to $79.97 Friday, capping a 6.62% weekly drop after Mubadala sold 22 million shares in a $1.91 billion block trade. The stock is down 13.59% from Tuesday’s 52-week high. Mubadala now holds 73% of the company. The PHLX Semiconductor Index closed nearly flat at 12,829.38. The post GlobalFoundries on watch for $1.91 billion move after volatile stretch appeared first on TechStock².
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