STMicroelectronics Shares Tumble After Q2 Results and Tepid Near-Term Guidance
STMicroelectronics stock plunged sharply in pre-market trading after the company published Q2 2026 results that combined a core EBITDA shortfall with conservative near-term revenue and margin guidance. While top-line revenue and non-GAAP EPS beat estimates, weaker-than-expected core profitability and a subdued Q3 revenue midpoint sent the shares lo…