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Why GlobalFoundries Stock Is Not a Buy After Its IPO

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 .
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