Lattice Semiconductor falls, Coherent jumps on CEO move

19,945 次觀看・5 個月前

Shares of Lattice Semiconductor (LSCC) closed 15% lower on Monday after CEO James Anderson left to join Coherent (COHR), which saw its shares spike 22% on the news. KeyBanc equity research analyst John Vinh tells Yahoo Finance's Julie Hyman that Anderson gets much credit for helping turn Lattice around. Vinh says the departure makes him "a little bit concerned" given Lattice's "very bright prospects ahead of themselves."

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This post was written by Stephanie Mikulich.