Apple supplier Skyworks stock plummets

Key Takeaways The S&P 500 edged 0.4% higher on Thursday, Feb. 6, as investors responded to the latest earnings results and ...
Apple supplier Skyworks Solutions forecast declines in revenue in its mobile segment and projected profits below Wall Street ...
Skyworks also named Philip Brace its next chief executive officer, effective Feb. 17. Brace will succeed Liam Griffin, who is retiring. Brace was most recently CEO of Inseego, a 5G mobile company.
Shares of Skyworks Solutions (SWKS) were plummeting 30% in pre-market trading Thursday after the mobile chip supplier said it expected to lose space in Apple's (AAPL) next-generation iPhone.
Shares of the California-based company were more than 20% lower in extended trading. Separately, the company said it had ...
Mizuho analysts downgraded Skyworks to "Neutral", highlighting a 20-25% content loss in Apple's next-generation smartphone as ...
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $79.95, ...
Skyworks Solutions Inc. (SWKS) lost nearly a quarter of its market capitalization, with the shares falling to a five-year low ...