INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Skyworks Solutions, Inc. of Class Action Lawsuit and Upcoming Deadlines - SWKS
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Pomerantz LLP has filed a class action lawsuit against Skyworks Solutions (SWKS) alleging potential securities fraud. The lawsuit stems from the company's February 5, 2025 financial announcement, which included lower-than-expected revenue guidance and cited an intensifying competitive landscape. Following this announcement, SWKS stock dropped 24.67% to $65.60 per share.
March 23, 2025 | 2:15 pm
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Class action lawsuit alleges potential securities fraud, focusing on the company's financial performance and guidance disclosure in Q1 2025.
The class action lawsuit, combined with the significant stock price drop and downward revenue guidance, suggests potential negative short-term market sentiment for Skyworks Solutions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100