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Senate subcommittee finds array of US tech in Russian weapons; execs to testify Sept. 10 [Seeking Alpha]

Analog Devices, Inc. (ADI)  More Company Research Source: Seeking Alpha
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Analog Devices ( NASDAQ: ADI ), are slated to testify before a Senate committee over their products being used in Russian weaponry. The Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations is holding a hearing on Tuesday, Sept. 10, to examine "The U.S. Companies' Technology Fueling the Russian War Machine." "The Russians are relying on American technology," said U.S. Senator Richard Blumenthal (D-CT) at a hearing in late February. "Our sanctions' system is a sieve. Our export control regime is lethally ineffective. And something has to be done." Although the four companies in question apparently stopped exporting products to Russia after it invaded Ukraine in February 2022, Senate investigators found exports to neighboring counties increased substantially. They believe these neighboring countries might be serving as middlemen to provide Russia with the components it needs to build missiles. Preliminary findings by the subcommittee showed e [Read more]
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Stockreport

Senate subcommittee finds array of US tech in Russian weapons; execs to testify Sept. 10 [Seeking Alpha]

Analog Devices, Inc.  (ADI) 
More Company Research Source: Seeking Alpha
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Analog Devices ( NASDAQ: ADI ), are slated to testify before a Senate committee over their products being used in Russian weaponry. The Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations is holding a hearing on Tuesday, Sept. 10, to examine "The U.S. Companies' Technology Fueling the Russian War Machine." "The Russians are relying on American technology," said U.S. Senator Richard Blumenthal (D-CT) at a hearing in late February. "Our sanctions' system is a sieve. Our export control regime is lethally ineffective. And something has to be done." Although the four companies in question apparently stopped exporting products to Russia after it invaded Ukraine in February 2022, Senate investigators found exports to neighboring counties increased substantially. They believe these neighboring countries might be serving as middlemen to provide Russia with the components it needs to build missiles. Preliminary findings by the subcommittee showed e [Read more]
IMPACT SNAPSHOT
EVENT TIME:
ADI
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS