Synaptics slumps after CEO steps down, KeyBanc calls announcement ‘surprising’
by Contributor since / Followers
2 months ago
skynesher
Shares of Synaptics fell about 14% on Tuesday after the company said President and CEO Michael Hurlston stepped down to join Lumentum (LITE) in the same roles.
Synaptics also said it expects fiscal second-quarter revenue to be about $267M, compared to