Previous close | 0.0500 |
Open | 0.0500 |
Bid | 0.0500 |
Ask | 0.3000 |
Strike | 41.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0500 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | 296 |
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.