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News  ›  The Motley Fool

Why Monolithic Power Systems Stock Is Plummeting Today

The Motley Fool Logo The Motley Fool By Keith Noonan
Why Monolithic Power Systems Stock Is Plummeting Today

Monolithic Power Systems reported strong Q3 results with better-than-expected earnings and revenue, but experienced stock sell-off due to guidance that was perceived as slightly underwhelming by investors.

Insights
GOOG   neutral

Mentioned only in context of website rankings, no specific performance details provided


MPWR   negative

Despite beating Q3 earnings and revenue expectations, the stock dropped 11.3% due to forward guidance that was slightly below some investors' expectations, with a modest decline in gross margin and cautious Q4 projections