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Enter Symbol:
 
Affymetrix, Inc. (AFFX) [hlAlert]

Rating:
Underperform
AFFX
up 12.83 %

Affymetrix, Inc. (AFFX) rated Underperform by Bear Stearns

Posted on: Tuesday,  Apr 15, 2008  8:25 AM ET by Bear Stearns

Bear Stearns rated Underperform Affymetrix, Inc. (NASDAQ: AFFX) on 04/15/2008, when the stock price was $10.90. Since
then, Affymetrix, Inc. has lost 11.38% as of 01/25/2016's recent price of $9.66.
If you would have followed this Bear Stearns's recommendation on AFFX, you would have gained 12.83% of your investment in 2841 days.

Affymetrix scientists invented the world's first high-density microarray and began selling the first commercial microarray. Since then, Affymetrix GeneChip technology has become the industry standard in molecular biology research. Affymetrix technology is used by the world's top pharmaceutical, diagnostic and biotechnology companies as well as leading academic, government and not-for-profit research institutes. Affymetrix' patented photolithographic manufacturing process provides the most information capacity available today on an array, enabling researchers to use a whole-genome approach to analyzing the relationship between genetics and health.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2008 8:25 AM Sell
None
10.90
as of 12/24/2008
1 Week up  4.55 %
1 Month down  -24.37 %
3 Months down  -21.71 %
1 YTD down  -33.11 %

(*) Stock Price at the time of the recommendation.
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