Telekom Indonesia Shares Down 10.6% to $20.94
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Telekom Indonesia is down -10.6%, or -$2.49 to $20.94.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like TLK with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on TLK
About TLK
PT Telkom Indonesia (Persero) Tbk is an Indonesia-based telecommunication company. The Company is engaged in information and communication technology (ICT) services and telecommunications networks. Its segments include mobile, consumer, enterprise, wholesale and international business, and other. The mobile segment provides cellular services, including mobile voice, value-added services, mobile broadband, among others. The Consumer segment provides Indihome services and other telecommunication services to home customers. The wholesale and international business segment provides interconnection services, leased lines, satellite, small aperture terminal, broadband access, information technology services, data, and internet services to other licensed operator companies and institutions. The Other segment provides digital content products, big data, business-to-business commerce, and financial services to individual and corporate customers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Qorvo Shares Drop After Disappointing Earnings Guidance
- Disappointing Earnings: Qorvo reported third-quarter financial results with fourth-quarter revenue guidance projected between $775 million and $825 million, significantly below the market estimate of $904.59 million, indicating sales pressure on the company.
- Lowered Earnings Expectations: The company anticipates adjusted earnings per share in the range of $1.05 to $1.35 for the fourth quarter, compared to the market expectation of $1.37, reflecting potential declines in profitability.
- Significant Stock Reaction: In pre-market trading, Qorvo shares fell 10.5% to $74.11, as investor concerns over the financial outlook weakened market confidence.
- Market Trend Divergence: While Nasdaq 100 futures rose over 200 points, Qorvo's negative earnings report impacted its stock price, highlighting a divergence between individual stock performance and overall market trends.

Continue Reading
Notable Two Hundred Day Moving Average Cross - TLK
Stock Performance Overview: TLK's share price has a 52-week range with a low of $13.15 and a high of $21, currently trading at $16.75.
Market Analysis Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

Continue Reading








