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Stock impact report

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Vicor Corporation (VICR) Investors

Vicor Corporation (VICR) 
Last vicor corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Massachusetts on behalf of those who acquired Vicor Corporation, Inc. (“Vicor” or the “Company”) (NASDAQ: VICR) securities during the period of April 26, 2023 and February 22, 2024, inclusive (“the Class Period”). Investors have until September 23, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.[Click here to learn more about the class action]On October 24, 2023, Vicor revealed that “[w]ith the reduction in backlog, including overdue backlog, we are more dependent on turns orders, and that results in less visibility to our near-term outlook” and that “our current expectation is that revenue, gross margin, and operating expenses will be approximately flat sequentially.” On this news, the price of Vicor shares declined by $14.14, or approximately 26.6%, from $53.19 on October 24, 2023, to close Show less Read more
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