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0 -0.00122299225438244 -0.000815328169588242 0.00203832042397068 0.00244598450876473 0.00326131267835297 0.00122299225438244 0.00203832042397068
Stock impact report

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Semtech Corporation of an Investigation and Potential Class Action Lawsuit – (NASDAQ: SMTC)

Semtech Corporation (SMTC) 
Last semtech corporation earnings: 3/11 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.semtech.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation: On August 31, 2022, Semtech announced lower than expected guidance for the fourth quarter 2022 due to “weakness in the consumer sector.” The Company blamed the downturn on “macroeconomic softness” and ongoing pandemic-related challenges in China. Following this news, Semtech’s stock price fell by $12.54 per share, or approximately 27% to close at $33.65 per share. Further, on March 29, 2023, Semtech announced weak guidance for the first quarter of fiscal 2024 attributing it to lower than expected consumer demand and an extremely “weak China.” Following this news, Semtech’s stock price fell by $6.86 per share, or approximately 21% to close at $25.25 per share. Due to the forgoing, The Gross Law Firm is investigating potential securities fraud claims on behalf of certain Semtech investors. If you incurred a loss on your SMTC investment, please contact u Show less Read more
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