Analog Devices Inc
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Information Technology : Semiconductors & Semiconductor Equipment | Large Cap Blend
Company profile

Analog Devices, Inc. (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products. The Company is a supplier of data converter products. The Company is a supplier of high-performance amplifiers. Its analog product line also includes products of high performance radio frequency (RF) ICs. The Company's DSPs are used for high-speed numeric calculations. The Company offers its products for applications in various end markets, such as industrial, automotive, consumer and communications. The Company operates in the United States, Rest of North/South America, Europe, Japan and China.

Postmarket

Last Trade
Delayed
$156.38
2.09 (1.35%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$154.29
Day's Change
-4.30 (-2.71%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
159.41
Day's Low
154.03
Volume
(Below Average)
Volume:
3,016,479

10-day average volume:
3,526,468
3,016,479

Splunk Investor Relations: Berger Montague Expands Its Investigation Into Alleged Securities Fraud Claims Against Splunk Inc. (NASDAQ: SPLK); Lead Plaintiff Deadline is February 2, 2021

1:28 pm ET January 14, 2021 (PR Newswire) Print

Berger Montague's ongoing investigation into potential securities fraud claims against Splunk, Inc. ("Splunk" or the "Company") has been expanded to include investors who purchased Splunk securities (NASDAQ: SPLK) between August 26, 2020 and December 2, 2020 (the "Class Period").

https://mma.prnewswire.com/media/232479/berger_montague.jpg

If you purchased Splunk securities during the Class Period, have questions concerning your rights or interests, or would like to discuss Berger Montague's investigation, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Donnell Much at dmuch@bm.net or (215) 875-4667, or contact us at www.bergermontague.com/splunk.

Recently filed lawsuits accuse Splunk and members of its senior management of falsely portraying the Company's financial performance, including its business, operations, and prospects. Specifically, according to the complaints, Defendants failed to disclose that Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021, and that Splunk was not hitting the financial targets it had previously announced.

On December 2, 2020, Splunk announced its third quarter 2021 financial results, and in a startling reversal from the optimistic portrayal of the Company only five weeks earlier, Splunk reported that total revenue had declined by 11% year-over-year and that earnings-per-share had missed analyst estimates by a wide margin. Analysts at JPMorgan immediately wrote that they were "blindsided by the magnitude of too many large deals slipping in the final days of October."

If you purchased Splunk securities during the Class Period, you may seek Court appointment as lead plaintiff to represent other injured investors in a class action. The lead plaintiff appointment deadline is February 2, 2021. You do not need to be a lead plaintiff to share in any potential Class recovery.

Whistleblowers: Persons with non-public information regarding Splunk are encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.

Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

Contacts

Andrew Abramowitz, Senior CounselBerger Montague(215) 875-3015aabramowitz@bm.net

Donnell Much, AssociateBerger Montague(215) 875-4667dmuch@bm.net

https://c212.net/c/img/favicon.png?sn=DC49128&sd=2021-01-14

View original content to download multimedia:http://www.prnewswire.com/news-releases/splunk-investor-relations-berger-montague-expands-its-investigation-into-alleged-securities-fraud-claims-against-splunk-inc-nasdaq-splk-lead-plaintiff-deadline-is-february-2-2021-301208674.html

SOURCE Berger Montague

https://rt.prnewswire.com/rt.gif?NewsItemId=DC49128&Transmission_Id=202101141328PR_NEWS_USPR_____DC49128&DateId=20210114

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