GlobalFoundries stock price slides 5% into weekend as chip sector sours
GlobalFoundries shares fell 5% to $42.20 Friday, tracking a 3.9% drop in the PHLX Semiconductor Sector index. The stock traded between $41.84 and $44.05 during the session. Investors are watching for the Feb. 11 earnings report and Friday’s U.S. jobs data. Futures signaled a cautious start for Monday.