Lattice Semiconductor CEO Moves to Coherent, Stocks React

Reported 4 months ago

Lattice Semiconductor's shares dropped by 15% as CEO James Anderson departed to join Coherent, causing Coherent's stock to surge by 22%. KeyBanc analyst John Vinh expressed concerns about Anderson's departure impacting Lattice's promising future. Anderson was credited with turning around Lattice, and his move to Coherent raised questions about Lattice's leadership going forward.

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