Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why MaxLinear Stock Popped Today

TheMotleyFool

0 0

Shares of MaxLinear (NYSE: MXL) have popped today, up by 14% as of 12:20 p.m. EDT, after the company raised its guidance for the second quarter. The analog chipmaker said it is benefiting from the broad shift to remote work caused by the coronavirus pandemic.

Revenue in the second quarter is now expected to be in the range of $65 million to $65.5 million, compared to the prior forecast of $60 million to $64 million in sales.

Image source: Getty Images.

Source Fool.com

Like: 0

MXL

Share