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Silicon Laboratories tumbles as guidance fails to impress Wall Street (SLAB)

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7postman

Silicon Laboratories (NASDAQ:SLAB) was in focus on Tuesday as its guidance for the coming quarter failed to impress Wall Street.

Shares fell 12% in premarket trading.

The company expects to lose between $0.21 and $0.01 per share for the fourth-quarter on an adjusted basis, below

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