INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Monolithic Power Systems, Inc. of Class Action Lawsuit and Upcoming Deadlines - MPWR

Core Viewpoint - A class action lawsuit has been filed against Monolithic Power Systems, Inc. for alleged securities fraud and unlawful business practices [2][3]. Financial Performance - Monolithic reported a decline in its Enterprise Data revenue to $184 million for the third fiscal quarter of 2024, missing consensus estimates by nearly 13% [3]. - Following the announcement of the revenue decline, Monolithic's stock price fell by $160.51 per share, or 17.45%, closing at $759.30 on October 31, 2024 [4]. Customer Relations and Market Impact - On November 11, 2024, a report from Edgewater Research indicated that Nvidia canceled half of its outstanding orders with Monolithic and planned to eliminate it as a supplier for advanced GPU variants due to performance issues [5]. - This news led to a further decline in Monolithic's stock price by $113.99 per share, or 14.97%, closing at $647.31 on the same day [5]. Legal Context - Investors who purchased Monolithic securities during the class period have until April 7, 2025, to request appointment as Lead Plaintiff in the class action [3].