SWKS Stock Falls 6% in 3 Months: Should You Buy, Sell or Hold?
Skyworks(SWKS) ZACKS·2024-12-30 18:01
Skyworks Solution (SWKS) shares have lost 5.6% over the past three months, underperforming the broader Zacks Computer and Technology sector and its competitor Broadcom (AVGO) , which offers a wider range of semiconductor solutions. While the sector has gained 9.7% over the past three months, the Broadcom stock has soared 44.3%.The underperformance was led by the dismal results for the fourth quarter of fiscal 2024. Skyworks’ revenues declined 15.9% year over year in the quarter, whereas non-GAAP earnings pl ...