Synaptics stock drops on Q3 shortfall, CEO’s departure

//Synaptics stock drops on Q3 shortfall, CEO’s departure

Synaptics stock drops on Q3 shortfall, CEO’s departure

Shares of Synaptics Inc. dropped as much as 8 percent on Friday after the company said CEO Richard Bergman is leaving amid a disappointing third quarter. The San Jose company, a supplier to Apple Inc. that makes hardware and software to control devices through touch and voice, said its earnings and revenue would come in around the lower end of its guidance. It blamed "demand softness in China." Bergman, who joined the company in 2011, is leaving the 600-person company immediately. His departure…

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By | 2019-03-15T21:29:40+00:00 March 15th, 2019|Technology|

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