FormFactor Stock Surges After Deutsche Bank Initiates Buy Rating
FormFactor shares jumped 9.5% on Wednesday after Deutsche Bank initiated coverage with a buy rating, citing the company as a key supplier for Nvidia. The stock rose to $149.28, while the Nasdaq Composite was up 1%. FormFactor shares have gained 167% this year.
Shares of FormFactor climbed on Wednesday after Deutsche Bank started coverage with a buy rating on the maker of chip-testing equipment, calling it a key supplier to Nvidia. 28, while the Nasdaq Composite index was up 1%. FormFactor shares have surged 167% this year,