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MXL INVESTIGATION NEWS: MaxLinear, Inc. (NASDAQ:MXL) is being Investigated for Securities Fraud by BFA Law; Investors with Losses are Notified to Contact the Firm
MXLMaxLinear(MXL) GlobeNewswire News Room·2024-07-27 11:03

NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into MaxLinear, Inc. (NASDAQ: MXL) for potential violations of the federal securities laws. Why Did MaxLinear's Stock Drop? The news caused a precipitous decline in the price of MaxLinear stock. The price of the company's stock closed at 22.29pershareonJuly24,2024.PriortothemarketopenonJuly25,2024,MaxLinearstockwastradingintherangeof22.29 per share on July 24, 2024. Prior to the market open on July 25, 2024, MaxLinear stock was trading in the range of 16.40 per share, a declin ...