Semco Technologies Stock Hits Record High of €54.90 Before Retreating
Semco Technologies' stock reached a new all-time high of €54.90 during the session on Thursday, May 7, before losing ground. By midday, the share price of the French semiconductor equipment specialist was at €54.00, down 1.28% from the previous day's close. The decline follows a series of consecutive records.
A New Historical Peak, Extending a Series of Records Since Mid-April
The previous record was set the day before at €54.70. The new upper limit of €54.90 extends an upward trend that began in mid-April. SEMCO TECHNOLOGIES had already surged 18.6% on April 14, breaking the €49 mark, then gained 5% on May 4 to reach €49.80. Over seven sessions, the performance stands at 28.57%. Over three months, the stock has gained 65.34%. Over one year, the increase reaches 260%. The 1.28% decline at mid-session comes after setting the intraday record, with the price moving away from the peak of €54.90 to return to €54.00.
Mixed Movements in the Market
The CAC 40 is down 0.10% at 8,291.04 points during the session, and the SBF 120 is down 0.14%. The Paris session remains directionless, while the American markets closed significantly higher on Wednesday: the Nasdaq was up 2.02% and the S&P 500 increased by 1.46%, amid hopes of an agreement between Washington and Tehran.
