Why Silicon Labs Stock Fell This Week

·2 min read
Why Silicon Labs Stock Fell This Week

Shares of Silicon Laboratories (NASDAQ: SLAB) were tumbling this week on no company-specific news. Instead, investors might have been reacting to rising Treasury yields that have caused a sell-off of some tech stocks. As of Friday morning, Silicon Labs was down 11.6% over the past week, according to data from S&P Global Market Intelligence.

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