Investors in Skyworks Solutions, Inc. Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - SWKS
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Levi & Korsinsky law firm has initiated a class action securities lawsuit against Skyworks Solutions (SWKS) alleging securities fraud between July 30, 2024 and February 5, 2025. The lawsuit stems from the company's financial performance and revenue guidance, which led to a significant stock price drop of over 24% following a February 5, 2025 earnings announcement.
March 25, 2025 | 10:15 pm
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The lawsuit alleges that Skyworks misled investors about its revenue expectations and growth potential, resulting in a significant stock price decline after disappointing Q1 earnings and Q2 guidance.
The lawsuit and significant stock price drop indicate potential serious financial and legal challenges for Skyworks, which could negatively impact investor sentiment and stock performance in the short term.
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IMPORTANCE 90
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