Investors in Skyworks Solutions, Inc. Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - SWKS
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A class action securities lawsuit has been filed against Skyworks Solutions (SWKS) alleging securities fraud between July 30, 2024 and February 5, 2025. The lawsuit claims the company misled investors about its revenue expectations. After announcing lower-than-anticipated Q1 fiscal year 2025 results and guidance, SWKS stock price dropped over 24% in a single day, from $87.08 to $65.60.
March 26, 2025 | 12:30 am
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The class action lawsuit alleges securities fraud, focusing on allegedly misleading statements about revenue expectations and business expansion. The significant stock price drop suggests investor confidence has been severely impacted.
The lawsuit directly targets Skyworks Solutions, alleging material misrepresentations about revenue and business potential. The dramatic stock price decline indicates significant market skepticism about the company's performance and management credibility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100