Integrated Device Technology Drops In Pre-Market

Posted on Friday, May 30, 2008 9:18 AM
(RTTNews) - Integrated Device Technology Inc. (IDTI) is falling during Friday's pre-market trading. At 9:13 am ET the stock is trading at $11.00 down $0.59 from Thursday's close. With the decline, the stock will open having accelerated a recent downtrend and at its lowest level since the beginning of the month. Further, the company has reported that Clyde Hosein, vice president and chief financial officer, will be resigning his position with IDT effective June 13, 2008 to pursue other opportunities. The company will begin a search for Hosein's replacement immediately. For comments and feedback: contact editorial@rttnews.com
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