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Fly News Breaks for July 15, 2015
FORM
Jul 15, 2015 | 15:24 EDT
Summit Research attributes yesterday's 15% pullback in shares of FormFactor to a combination of "legitimate" concerns raised by a competing research firm about the company's exposure to weaker PC/server supply chain factors along with "grossly inaccurate interpretations" on boilerplate wording that has not changed in years in the company's SEC filings regarding possible DRAM market consolidation. The firm believes the drop in shares positions FormFactor execute a "meaningful buyback" given its remaining authorization to do so.
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