Texas Instruments (TXN) Shares Plunge Over 7% in Midday Trading
NEW YORK, USA – Texas Instruments Inc (NASDAQ: TXN) experienced a significant downturn in its stock price during Tuesday’s midday trading session, marking a substantial decline for the semiconductor giant.
As of 12:27:39 PM UTC-4 (Eastern Time) on April 11th, TXN shares were trading sharply lower at 11.13, equating to a 7.11% decrease for the day’s session.
The decline places the stock well below its previous closing price of $156.60, highlighting the significant selling pressure faced by Texas Instruments on the NASDAQ exchange. The intraday chart shows the stock trading consistently below the $146 mark after an initial drop earlier in the day.
Market participants are closely observing the semiconductor sector and TXN’s performance following this notable price move.
