LEADERSHIP EXIT
SYSYNAKEEP AN EYE
Finance Chief's Sudden Exit Rattles Chipmaker
Synaptics' finance chief resigned on the spot to chase a new job, and the stock slipped about 4% on the news. For now Orin is holding steady rather than reading too much into one departure.
What would change this — A fresh 8-K naming a permanent replacement or a 10-Q showing weaker cash or margins would shift our read; a jump in insider selling would do the same.
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Wall Street is split with a mix of buy, hold and neutral calls, while Orin sits on the fence and waits for the next filing.Full analysis →