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Lattice Semi Management Change Not a Sign of Business Problems: Deutsche Bank
The $3 billion valued "CEO jumping" event: the optical module leader Coherent soars while the FPGA leader Lattice plunges.
The CEO's job hopping caused a huge shock in the stock prices of both the former and new employers. On Monday local time, the stock prices of two electronic manufacturers fluctuated greatly: the stock price of Lattice, the leading FPGA manufacturer, plummeted by more than 15%, the largest decline in eight months, while the stock price of Coherent, the leading optical module manufacturer, surged by more than 22%, the largest single-day increase in four years. On the news front, Lattice's CEO, Jim Anderson, announced his departure and took over as CEO of Coherent. Lattice will appoint him as its Chief Marketing and Strategic Officer.
Form 144 | Coherent(COHR.US) Officer Proposes to Sell 230.45K in Common Stocks
SEC FILLINGS DISCLOSED/ Jun 3, $Coherent(COHR.US)$、$II-VI Inc(IIVIP.US)$ Officer RONALD BASSO intends to sell 3,367 shares of its common stock on Jun 3, with a total market value of approximately $230
Lattice Semiconductor Plunges as CEO Departs For Coherent, Whose Stock Soars
Form 144 | Coherent(COHR.US) Officer Proposes to Sell 1.1 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Jun 3, $Coherent(COHR.US)$、$II-VI Inc(IIVIP.US)$ Officer WALTER R BASHAW II intends to sell 19,195 shares of its common stock on Jun 3, with a total market value of approximate
This CEO Caused a Nearly $3.6 Billion Swing in Market Cap Between Chip Rivals
By Tomi Kilgore Lattice Semiconductor's stock tumbled after CEO Jim Anderson left to join Coherent, which saw its stock soar Shares of Lattice Semiconductor Corp. tumbled Monday, after the semicondu
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