The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Skyworks Solutions, Inc. Lawsuit - SWKS

1. Skyworks Solutions faces a class action lawsuit over misleading revenue expectations. 2. The company's stock fell over 24% after disappointing Q1 fiscal results. 3. Allegations involve failure to disclose intensified competition impacting revenue forecasts. 4. Shareholders from the class period are encouraged to register for potential recovery. 5. Lead plaintiff appointment is not required to partake in recovery.

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FAQ

Why Very Bearish?

The significant stock price decline following negative results highlights investor loss and uncertainty. Historical examples include similar declines in tech stocks after earnings misses, affecting trust.

How important is it?

The article details a significant drop in stock value due to litigation, affecting investor confidence significantly.

Why Long Term?

The ongoing nature of the class action can lead to prolonged legal scrutiny and affect overall market sentiment. Future company performance may also continue to reflect the impact of these allegations.

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NEW YORK, March 10, 2025 /PRNewswire/ --

The Gross Law Firm issues the following notice to shareholders of Skyworks Solutions, Inc. (NASDAQ: SWKS).

Shareholder Notice

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=134615&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=134615&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