MXL · NASDAQ
MXL · NASDAQ
65.63 USD
-5.98 (-8.35%)
No new catalyst: MXL was down about 7% pre-market, less severe than the roughly 8.3% drop earlier, as the same tech-led risk-off move continued. Nasdaq futures fell nearly 2% and semiconductor peers MRVL, CRDO, and AVGO also declined, with MRVL down sharply. MXL's post-earnings target cuts remained the standing company-specific overhang. Susquehanna target cut Wells Fargo target cut
No new catalyst: MXL was down about 7% pre-market, less severe than the roughly 8.3% drop earlier, as the same tech-led risk-off move continued. Nasdaq futures fell nearly 2% and semiconductor peers MRVL, CRDO, and AVGO also declined, with MRVL down sharply. MXL's post-earnings target cuts remained the standing company-specific overhang. Susquehanna target cut Wells Fargo target cut