Movement Alert｜MaxLinear Falls 5.4% in Regular Trading, Trading at $56.745

Market Focus

Sep 03

On September 3, MaxLinear fell 5.4% in regular trading, trading at $56.745 USD/share, with Turnover of $21.8146 million.

Within the Semiconductors sector where MaxLinear belongs, the overall sector showed broad weakness. Among individual stocks, Micron Technology down 2.0%, NVIDIA up 1.45%, Broadcom down 5.81%, Advanced Micro Devices down 2.12%, Intel down 0.64%.

MaxLinear, Inc. provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management. The company serves electronics distributors, module makers, original equipment manufacturers, and original design manufacturers. MaxLinear was incorporated in 2003 and is headquartered in Carlsbad, California.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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