Movement Alert|MaxLinear Falls 6.68% in Pre-Market Trading, Trading at $87.8

Market Focus
06/23

On June 23, MaxLinear fell 6.68% in pre-market trading, trading at $87.8 USD/share, with Turnover of $1.095 million.

Within the Semiconductors sector where MaxLinear belongs, individual stocks are broadly under pressure. Among individual stocks, Micron Technology down 9.44%, NVIDIA down 3.29%, Intel down 8.37%, Marvell Technology down 8.60%, Advanced Micro Devices down 6.42%.

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 through a direct sales force, third-party sales representatives, and a network of distributors.

(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.)

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