Previous Close | 6.10 |
Open | 5.70 |
Bid | 5.50 |
Ask | 6.10 |
Strike | 42.00 |
Expire Date | 2026-01-16 |
Day's Range | 5.70 - 5.70 |
Contract Range | N/A |
Volume | |
Open Interest | 8 |
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.