PMC-Sierra and Yahoo Finance: A Retrospective
PMC-Sierra, once a prominent player in the semiconductor industry, particularly known for its communication infrastructure chips, is no longer an independent entity. It was acquired by Microsemi Corporation in January 2017. Therefore, searching for PMC-Sierra on Yahoo Finance today will redirect you to the listing for Microsemi (now Microchip Technology), and historical data reflecting PMC-Sierra’s performance up to its acquisition.
Historically, Yahoo Finance served as a key platform for tracking PMC-Sierra’s stock performance under its original ticker symbol, PMCS. Investors relied on Yahoo Finance to access real-time stock quotes, historical data charts, financial news, and analyst ratings concerning the company. This information proved crucial for making informed investment decisions.
Yahoo Finance would have provided standard financial data points for PMCS, including:
- Stock Price: The fluctuating price of PMCS shares throughout the trading day, reflecting market sentiment and demand.
- Volume: The number of PMCS shares traded, indicating market activity and investor interest.
- Market Capitalization: The total value of PMCS outstanding shares, calculated by multiplying the share price by the number of shares outstanding.
- Financial Statements: Access to PMC-Sierra’s quarterly and annual reports, including income statements, balance sheets, and cash flow statements.
- Analyst Ratings: Recommendations from financial analysts, such as “buy,” “sell,” or “hold,” based on their assessment of the company’s prospects.
- News Articles: Relevant news stories from various sources regarding PMC-Sierra’s business operations, product launches, financial performance, and acquisitions.
- Historical Data: Charts and tables showing PMCS’s stock price movement over various time periods, allowing investors to identify trends and patterns.
The acquisition of PMC-Sierra by Microsemi (now Microchip Technology) marked the end of PMCS’s independent trading history on Yahoo Finance. After the merger, PMCS ceased to exist as a separate publicly traded entity. All of its assets, liabilities, and operations were integrated into Microsemi. Investors who held PMCS shares received shares of Microsemi (now Microchip Technology) as part of the acquisition agreement.
Currently, when searching for PMC-Sierra on Yahoo Finance, you’ll find either a redirect to Microchip Technology (MCHP) or historical data reflecting PMCS’s past performance. The historical data remains valuable for those researching the evolution of the semiconductor industry or analyzing the factors that led to PMC-Sierra’s acquisition.
The PMC-Sierra example illustrates how corporate mergers and acquisitions directly impact stock market listings and the information available on platforms like Yahoo Finance. While PMC-Sierra is no longer independently tracked, its legacy lives on through the continued operations of Microchip Technology.