NEW
YORK, March 6, 2025 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Skyworks
Solutions, Inc. (NASDAQ: SWKS).
Shareholders who purchased shares of SWKS during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/skyworks-solutions-inc-loss-submission-form/?id=134065&from=4
CLASS PERIOD: July 30, 2024
to February 5, 2025
ALLEGATIONS: According to the complaint, defendants
provided investors with material information concerning Skyworks'
expected revenue for the fiscal year 2025. Defendants' statements
included, among other things, confidence in Skyworks' ability to
expand its mobile business and capitalize on its growth potential
by investing in new technologies to diversify its portfolio of
offerings. On February 5, 2025,
after market close, Skyworks announced its financial results for
the first quarter of fiscal year 2025 and provided lower-than
anticipated revenue guidance for the second quarter of fiscal year
2025. The Company attributed its results and low guidance to a
"competitive landscape" that had "intensified" in recent years.
Following this news, the price of Skyworks' common stock declined
dramatically. From a closing market price of $87.08 per share on February 5, 2025, Skyworks' stock price fell to
$65.60 per share on February 6, 2025, a decline of over 24% in the
span of just a single day.
DEADLINE: May 5, 2025
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/skyworks-solutions-inc-loss-submission-form/?id=134065&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of SWKS during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is May 5, 2025. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
