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Stock impact report

MXL INVESTOR UPDATE: Suffer Losses on Your MaxLinear, Inc. Investment? Contact BFA Law about its Securities Fraud Investigation (Nasdaq:MXL)

MaxLinear, Inc (MXL) 
Last maxlinear, inc earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.maxlinear.com
Company Research Source: GlobeNewswire
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into MaxLinear, Inc. (NASDAQ: MXL) for potential violations of the federal securities laws. If you invested in MaxLinear, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/maxlinear-inc. Why Did MaxLinear’s Stock Drop? MaxLinear provides integrated radio-frequency analog and mixed-signal semiconductor products for broadband communications applications. After the market closed on July 24, 2024, MaxLinear announced earnings results for its second quarter of 2024 and that net revenue for the quarter was just $92 million, down 50% year-over-year. The company attributed the decline at least in part to prolonged burn-off of excess customer inventory leading to weakened demand. The news caused a precipitous decline in the price of MaxLinear stock. The price of the company’s stock closed at $22.29 per s Show less Read more
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