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"Historically when handset makers fall out of favor," Mr. Misek wrote in a note to clients, they fall faster and further than expected.
It's a trap smartwatch makers fall into time and again, making devices that are just too large for many users.
Understand where many coffee makers fall short.
Similar(57)
Silver declined as demand from photographic film makers fell.
Stocks of all the European phone makers fell today on Nokia's announcement.
Other network equipment makers fell on the news, including Tellabs, off 73 cents, to $14.45.
Shares in the company, which ranks behind Diageo among liquor makers, fell 10percentt.
Shares in steel makers fell as talk circulated of the European Union challenging any American curbs on imports at the WTO.
Shares of Sherwin-Williams, one of the nation's largest paint makers, fell $5.33, or 22percentto to $20.31.
With shares of gun makers falling, it's not clear whether the private equity firm will find a buyer for the Freedom Group.
Worldwide revenue of chip makers fell to $11.60 billion, compared with $12.71 billion the previous month and $16.74 billion in June 2000, according to the Semiconductor Industry Association, based in San Jose, Calif.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com