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Stocks in Action: Siltronic, Infineon, AXA, MTU Aero Engines, Rheinmetall

M. Springman
Reading Time: 4 minutes

Stock 1,) Siltronic - Wafer manufacturer suffers from weak demand, profit collapse and gloomy outlook lead to sharp declines! On Tuesday, the stock of Siltronic shows a significantly weaker performance. The wafer manufacturer disappointed in the morning with preliminary figures for the past financial year that were weaker than expected. Accordingly, revenue stood at 1.413 billion euros, 7% below the prior year's level due to weaker demand from the semiconductor industry. The adjusted operating profit had to endure a decline from 434 to 364 million...

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