ARCHIVED  March 1, 1996

Advanced Energy stock dips 17%

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FORT COLLINS — A turbulent semiconductor-equipment industry has helped push Advanced Energy Industries Inc.’s stock price down 17.5 percent since the company went public last fall.
The stock was issued at $10 a share but closed Friday at $8.25 a share. At one time in January, Advanced Energy’s stock had fallen to $6.62, down 33.8 percent from the original offering. It has since rebounded to the $8 to $9.50 range.
The decline comes even as Advanced Energy posts record fourth-quarter revenues and strong income.
Analysts say the company simply entered the market at the wrong time.
Advanced Energy reported…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: ARCHIVED Industry News
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