News

TechMARK movers: Wolfson up after previous dive

03 October 2008 12:17:00

Wolfson Microelectronics is leading today's risers following yesterday's share price slump on news that fourth quarter revenues are expected to come in below previous forecasts.

The group said it has experienced a material reduction in order intake and a higher level of rescheduling of orders across a broad range of applications and customers and now expects fourth quarter revenues to be in the range $45m to $50m.

"This reduction from earlier expectations is the result of the general economic environment and not reflective of any material design loss," said the group.

FTSE TechMARK - Risers
Wolfson Microelectronics (WLF) 86.00p +4.56%
Innovation Group (TIG) 6.15p +4.24%
Corin Group (CRG) 123.00p +3.36%
AEA Technology (AAT) 39.00p +2.63%
KCOM Group (KCOM) 22.75p +2.25%
Anite Group (AIE) 35.25p +2.17%
Puricore (PURI) 12.25p +2.08%
RM Group (RM.) 174.00p +2.05%
Dialight (DIA) 149.00p +2.05%
Sinclair Pharma (SPH) 43.00p +1.78%

FTSE TechMARK - Fallers
Intec Telecom (ITL) 41.75p -6.18%
Morse (MOR) 41.00p -5.20%
Trafficmaster (TFC) 18.50p -5.13%
Computacenter (CCC) 102.25p -4.66%
Alphameric (ALM) 19.50p -3.70%
Oxford Biomedica (OXB) 6.75p -3.57%
Elan Corporation (ELA) € 7.84 -3.09%
Alizyme (AZM) 16.00p -3.03%
SDL International (SDL) 341.00p -2.57%
Ark Therapeutics (AKT) 57.25p -2.55%

All data suppied by Digital Look (15 minute delay)




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