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home / news releases / SYNA - Synaptics: Looks To Be Heading Lower

SYNA - Synaptics: Looks To Be Heading Lower

Synaptics Incorporated

2024-04-15 10:44:00 ET

Summary

  • SYNA has seen its stock struggle in 2024, which has caused it to underperform versus most semis in what has been a good year for most.
  • There is reason to believe SYNA is not done sliding, especially with the stock breaking down in recent days with an accelerated decline.
  • SYNA continues to deal with soft demand, but it remains optimistic about the future based on the most recent financial targets.
  • The stock is likely to keep underperforming with the way the cards are laid out, which argues against betting on SYNA at this time.

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For further details see:

Synaptics: Looks To Be Heading Lower
Stock Information
Company Name: Synaptics Incorporated
Stock Symbol: SYNA
Market: NASDAQ
Website: synaptics.com
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