Is MaxLinear (MXL) Offering A Value Opportunity After Multi Year Share Price Weakness
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If you are wondering whether MaxLinear’s current share price is giving you a bargain or just fair value, this article walks through what the numbers are really saying.
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The stock last closed at US$17.35, with returns of 5.8% decline over 7 days, 6.3% decline over 30 days, 6.3% decline year to date and 2.9% decline over 1 year, set against much steeper cumulative declines of 57.3% over 3 years and 45.8% over 5 years.
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Recent moves in MaxLinear’s share price have kept investor attention on how its business outlook lines up with what is already baked into the stock. With that in mind, it can be useful to focus less…
