The stock market is always full of news that fuels its movement, offering excitement, fear, and drama. At close yesterday, the stock was priced at just over $85, a bit below highs of $88 but comfortably above the IPO price. GlobalFoundries Stock Stock GlobalFoundries, interestingly enough, is a hidden giant in a high-need market. CEO Thomas Caufield said the company foresees having to balance customer demand and what his company can actually produce. On Thursday, GlobalFoundries (GFS), a global leader in feature-rich semiconductor manufacturing, listed on the Nasdaq Stock Exchange, raising nearly … GlobalFoundries, based in Malta, New York, is the fourth-largest foundry in the world. GlobalFoundries stock currently rose 3% above Wednesday's close at $64.59, touching a new high of $67.39 earlier in the session. The 15.3 million shares of its Class A common stock were expected to result in gross proceeds of $1.22bn. GFS | Complete GlobalFoundries Inc. stock news by MarketWatch. Currently there's a massive, worldwide shortage of computer chips that is creating supply chain issues and making it harder to rent a car, buy … GlobalFoundries went public on Oct. 28, initially pricing its stock at $47 with 55 million ordinary shares available. Maxim_Kazmin/Adobe Stock. Complete GlobalFoundries Inc. stock information by Barron's. Post-Market 0.06 (0.10%) Even so, GlobalFoundries predicts fourth-quarter revenue at between $1.8 billion to $1.83 billion, and its EPS between $0.02 to $0.06. Created by the divestiture of the manufacturing arm of Advanced Micro Devices (AMD), the company was privately owned by Mubadala Investment Company, the sovereign wealth fund of … GlobalFoundries Stock Rises On … The stock had risen 47% from its listing price ahead of the … ET The Ratings Game GlobalFoundries stock walks back some of big post-IPO gains as Wall Street applauds strong earnings Published: Dec. 1, 2021 at 1:17 p.m. GlobalFoundries and its stock. The Stock Rises. However, the automaker recently announced a collaboration that aims to strengthen its position in the semiconductor market. The stock (NASDAQ: GFS) topped out at $73.25 per share before closing Nov. 30 at $69.24. Why GlobalFoundries Stock Keeps Soaring By Rich Smith - Nov 4, 2021 at 4:55PM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Keep in mind, it is a recent IPO and it has earnings in two weeks. Chipmaker GlobalFoundries GFS made its stock market debut Thursday on the Nasdaq Global Market at $44.50 a share, 5% lower than its initial public offering price of $47. GlobalFoundries stock is going public on Oct. 27 and will be listed on the Nasdaq under the ticker GFS. View real-time stock prices and stock quotes for a full financial overview. GlobalFoundries and its stock. Multiple analysts initiated coverage on GLOBALFOUNDRIES Inc (NASDAQ: GFS). Get Globalfoundries Inc (GFS:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. The company has around 15,000 employees, roughly 10,000 patents and five manufacturing sites across three continents Find the latest Raytheon Technologies Corporation (RTX) stock quote, history, news and other vital information to help you with your stock trading and investing. Shares of GlobalFoundries were rising Wednesday after the semiconductor fabricator, benefiting from the continuing global chip shortage, reported a 56% jump in third-quarter revenue. GlobalFoundries Inc. (GF or GloFo) is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York. Globalfoundries saw an improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 87 to 91. GlobalFoundries stock closed 1.3% lower on Thursday, under its debut price of $47, before rising over 5% on Friday to close at $48.74. Find the latest GLOBALFOUNDRIES Inc. (GFS) stock quote, history, news and other vital information to help you with your stock trading and investing. GlobalFoundries CEO: Chip supply challenge to continue in 2022. GlobalFoundries, based in Malta, New York, is the fourth-largest foundry in the world. X. GlobalFoundries has been a hot property since going public in late October. GFS 60.14 1.07 (1.75%). Prior to the GFS stock IPO, Abu Dhabi’s sovereign wealth fund, called Mubadala Investment, held a majority stake in GlobalFoundries. View real-time GFS stock price and news, along with industry-best analysis. GlobalFoundries Inc NASDAQ Updated Dec 15, 2021 12:48 AM. The Nasdaq debut went ahead on Wednesday, and the offer price valued the company at approximately $14bn. 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