NXP stock slides 5% premarket after outlook; investors brace for the earnings call
NXP Semiconductors shares fell about 5% in premarket trading Tuesday after Q4 results showed an 18% drop in communications infrastructure sales and a cautious Q1 outlook. Automotive revenue rose 5% to $1.88 billion, while total Q4 revenue reached $3.34 billion. Investors await further details on the 8 a.m. call.