fell after the company forecast lower fourth-quarter revenue than analysts estimated and said it’s cutting as many as 1,150 jobs as demand slows for chips that connect mobile phones to the Internet. The shares slid 8.2 percent to $24.91 at 9:49 a.m. in New York after dropping as low as $24.60. Sales will be about $1.
Posted: 2013-10-23 16:08:00
