Movement Alert｜MaxLinear Falls 9.29% in Regular Trading, Trading at $76.61

Market Focus

Aug 18

On August 18, MaxLinear fell 9.29% in regular trading, trading at $76.61 USD/share, with Turnover of $41.30 million.

Within the Semiconductors sector where MaxLinear belongs, the overall sector is under broad pressure. Among individual stocks, Intel down 6.16%, Micron Technology down 4.9%, Advanced Micro Devices down 4.09%, Broadcom down 3.13%, NVIDIA down 2.24%.

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.)

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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