Trade of the Day: Silicon Laboratories (SLAB) Stock Is Signaling a Death Cross
SLABSilicon Laboratories(SLAB) Investor Place·2024-07-02 20:27

Silicon Laboratories (NASDAQ:SLAB) is a fabless semiconductor firm that provides various products, including wireless microcontrollers and sensor equipment. The company serves a range of applications within the broader Internet of Things (IoT), such as industrial automation and smart building controls. Still, SLAB stock has been a stinker.It’s tough to put it any other way. Since the beginning of this year, SLAB stock is down more than 14%. Over the past 52 weeks, shares suffered a hit of nearly 32%. And in ...