Levi & Korsinsky notifies investors that it has commenced an investigation into Vicor Corporation (NASDAQ: VICR) concerning potential violations of the federal securities laws.
On October 24, 2023, Vicor announced inline 3Q23 results and 4Q23 guidance but backlog continued to decrease and “bookings remained weak.” Analysts commented that management’s reluctance to discuss AI platforms announced in the previous quarter “shows a shrink in opportunity.” Following this news, Vicor’s stock price fell by $14.14 per share, or approximately 26% to close at $39.05 per share.
If you suffered a loss on your Vicor securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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