Lost Money on Skyworks Solutions, Inc.(SWKS)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm

1. Skyworks Solutions faces a class action lawsuit from shareholders over misleading statements. 2. Allegations include optimistic revenue guidance followed by a significant price drop. 3. Shares fell from $87.08 to $65.60, a decline of over 24% in one day. 4. The lawsuit pertains to statements made regarding fiscal year 2025 revenue expectations. 5. Shareholders must register by May 5, 2025, for potential recovery options.

Legal

95

4m saved

Insight

Article

FAQ

Why Very Bearish?

The sharp stock decline following negative guidance indicates severe market reaction. Historical instances show that class actions often lead to further stock pressure, as seen in other tech companies facing similar lawsuits.

How important is it?

The class action lawsuit and rapid stock decline strongly impact SWKS’s perception and investor confidence. Given the nature of the allegations and past market reactions, the situation is critical for stakeholders.

Why Short Term?

Immediate selling pressure likely until the legal proceedings settle or clarity is provided. Past trends show that stock prices often remain volatile during litigation periods.

Related Companies

AAPL QCOM AVGO

NEW YORK, March 27, 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=138833&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=138833&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: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm