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LSCC Jun 2024 30.000 put

OPR - OPR Delayed Price. Currency in USD
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0.22000.0000 (0.00%)
As of 01:58PM EDT. Market open.
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Previous Close0.2200
Open0.2200
Bid0.0000
Ask0.2000
Strike30.00
Expire Date2024-06-21
Day's Range0.2200 - 0.2200
Contract RangeN/A
Volume15
Open Interest188
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    Why Lattice Semiconductor (LSCC) Shares Are Sliding Today

    Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) fell 8.5% in the afternoon session after the company reported first quarter results. The quarter itself was fine: Revenue beat by about 0.5%, operating income beat by 1.5%, and EPS beat by a penny. Guidance is what is causing weakness in the stock. Both revenue and implied operating profit guidance for the next quarter were below. The weakness seems to be caused by inventory destocking headwinds in communications infrastructure