Skyworks Solutions Trading Volume Plummets 73.3% to 401st Rank Despite Stock Price Rise Amid Securities Fraud Lawsuits

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:11 pm ET1min read
SWKS--

On March 24, 2025, Skyworks SolutionsSWKS-- Inc. (SWKS) saw a significant drop in trading volume, with a total of $234 million in shares traded, marking a 73.3% decrease from the previous day. This decline placed SkyworksSWKS-- at the 401st position in terms of trading volume for the day. Despite the drop in volume, the stock price of Skyworks Solutions Inc. (SWKS) rose by 2.63%.

Skyworks Solutions Inc. is currently facing multiple securities fraud class action lawsuits. Several law firms, including Levi & Korsinsky, Bernstein Liebhard LLP, and Glancy Prongay & Murray LLP, have announced the filing of lawsuits on behalf of shareholders who have allegedly suffered losses due to securities fraud. These lawsuits are part of a broader investigation into potential misconduct by the company.

Investors who believe they have been affected by the alleged securities fraud are encouraged to contact the respective law firms to discuss their legal options. The deadlines for joining these class action lawsuits are approaching, with some set for May 5, 2025. Investors are advised to act promptly to ensure their rights are protected.

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