Previous Close | 17.00 |
Open | 7.49 |
Bid | 7.10 |
Ask | 8.50 |
Strike | 24.00 |
Expire Date | 2024-06-21 |
Day's Range | 7.49 - 7.49 |
Contract Range | N/A |
Volume | |
Open Interest | 82 |
Shares of semiconductor company Semtech (NASDAQ:SMTC) fell 22.5% in the morning session after the company announced the sudden departure of CEO and President Paul Pickle. Following Paul Pickle's departure, Semtech appointed Dr. Hong Q. Hou, a current member of the Board of Directors, as President and Chief Executive Officer, effective June 6, 2024.
The termination without cause isn’t related to a violation of Semtech’s code of conduct or Semtech’s operational or financial performance, and shouldn’t impact any previous financial statements, the chipmaker said.
The termination without cause isn’t related to a violation of Semtech’s code of conduct or Semtech’s operational or financial performance, and shouldn’t impact any previous financial statements, the chipmaker said.