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IQE plc ( (GB:IQE) ) has shared an announcement.
IQE plc has announced a change in its major holdings, with Canaccord Genuity Group Inc. reducing its voting rights in the company from 10.9929% to 9.9982%. This adjustment in holdings reflects a slight decrease in Canaccord’s influence over IQE’s corporate decisions, which could impact the company’s strategic direction and stakeholder interests.
The most recent analyst rating on (GB:IQE) stock is a Buy with a £0.45 price target. To see the full list of analyst forecasts on IQE plc stock, see the GB:IQE Stock Forecast page.
More about IQE plc
IQE plc operates in the semiconductor industry, focusing on the development and supply of advanced semiconductor materials. The company is known for its expertise in epitaxy, a process crucial for manufacturing high-performance electronic components, and serves a global market with applications in areas such as telecommunications, consumer electronics, and industrial sectors.
Average Trading Volume: 3,112,620
Technical Sentiment Signal: Sell
Current Market Cap: £97.13M
See more data about IQE stock on TipRanks’ Stock Analysis page.