Why GlobalFoundries Stock Is Not a Buy After Its IPO
October 26, 2021 at 13:06 PM EDT
GlobalFoundries stock is going public on October 27 and will be listed on the Nasdaq under the ticker GFS. The company is the self-proclaimed largest silicon wafer supplier that’s not dependent on China and Taiwan, but that doesn’t mean the business will be profitable. Read more... Tags: IPOs The post Why GlobalFoundries Stock Is Not a Buy After Its IPO appeared first on Money Morning - We Make Investing Profitable .