Kirby McInerney LLP is Investigating Potential Shareholder Claims Against MaxLinear, Inc. (MXL)
MaxLinear, Inc (MXL)
Last maxlinear, inc earnings: 4/29 04:05 pm
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US:NYSE Investor Relations:
investors.maxlinear.com
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Source: GlobeNewswire
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that the firm is investigating potential claims against MaxLinear, Inc. (“MaxLinear” or the “Company”) (NASDAQ: MXL). The ongoing investigation concerns whether MaxLinear and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On July 24, 2024, MaxLinear issued a press release announcing its second quarter 2024 results, including net revenue for the quarter amounting to just $92 million, down 50% year-over-year. The Company attributed this decline, at least in part, to a prolonged burn-off of excess customer inventory leading to weakened demand. On this news, the price of MaxLinear shares declined by $8.27 per share, or approximately 37.1%, from $22.29 per share on $14.02 to close at $14.01 on July 25, 2024. If you purchased or otherwise acquired MaxLinear securiti
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MXL
News
- MaxLinear, Inc. (NASDAQ: MXL) is now covered by analysts at Wells Fargo & Company. They set an "equal weight" rating and a $14.00 price target on the stock.MarketBeat
- MaxLinear, Inc. Announces Upcoming Financial Conference ParticipationBusiness Wire
- MaxLinear Announces New Employee Inducement GrantsBusiness Wire
- MaxLinear and Quanta Cloud Technology Unveil Accelerated Software Defined Storage Solution Optimized for AI and HPC Workloads at SC24 [Yahoo! Finance]Yahoo! Finance
- MaxLinear and Quanta Cloud Technology Unveil Accelerated Software Defined Storage Solution Optimized for AI and HPC Workloads at SC24Business Wire
MXL
Earnings
- 10/23/24 - Beat
MXL
Sec Filings
- 12/4/24 - Form 144
- 11/25/24 - Form 4
- 11/21/24 - Form 144
- MXL's page on the SEC website