"shares of LED maker Cree (CREE) are down $2.96, or 6%, at $46.04 in early trading after the company cut its fiscal Q3 revenue forecast on weaker-than-expected demand and weaker-than-expected pricing.
The warning comes two months after Cree reported Q2 results that missed its own projections because of an inventory correction in Asia. "
The warning comes two months after Cree reported Q2 results that missed its own projections because of an inventory correction in Asia. "
**watch $45.48 reaction lows
Duratek (semi's rolling over)
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