Teradyne stock slides as Nvidia cools chip rally; investors watch March Morgan Stanley conference
Teradyne shares dropped 3.25% to $331.69 Thursday afternoon after hitting a record $344.92 earlier, as chip stocks slid following Nvidia’s earnings. A regulatory filing showed officer Mills Regan plans to sell 788 shares. Trading volume was about 3.7 million. The Philadelphia Semiconductor Index fell 3.6%.