Stock Track | Cirrus Logic Plummets 5.24% in Pre-Market on IT Dependency Risks

Stock Track

Feb 06, 2025

Cirrus Logic's stock witnessed a significant plummet of 5.24% in the pre-market trading session on Thursday, following the disclosure of risks associated with the company's dependence on information technology (IT) systems.

The semiconductor company, known for its audio and voice integrated circuits, revealed that it faces substantial business risks stemming from its reliance on IT infrastructure and systems. Any potential disruptions, cyber attacks, or data breaches could adversely impact its operations, financial performance, and reputation.

Investors reacted cautiously to this risk disclosure, prompting a sell-off in Cirrus Logic's shares. The company's acknowledgment of its vulnerability to IT-related threats has raised concerns among market participants regarding the potential financial implications and operational challenges it may face in the event of such incidents.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1111538990"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1111538990\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1111538990?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-06 22:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1111538990","market":"hk","top_or_hot":-1,"title":"Stock Track | Cirrus Logic Plummets 5.24% in Pre-Market on IT Dependency Risks","media":"Stock Track","content":"<p>Cirrus Logic's stock witnessed a significant plummet of 5.24% in the pre-market trading session on Thursday, following the disclosure of risks associated with the company's dependence on information technology (IT) systems.</p>\n\n<p>The semiconductor company, known for its audio and voice integrated circuits, revealed that it faces substantial business risks stemming from its reliance on IT infrastructure and systems. Any potential disruptions, cyber attacks, or data breaches could adversely impact its operations, financial performance, and reputation.</p>\n\n<p>Investors reacted cautiously to this risk disclosure, prompting a sell-off in Cirrus Logic's shares. The company's acknowledgment of its vulnerability to IT-related threats has raised concerns among market participants regarding the potential financial implications and operational challenges it may face in the event of such incidents.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Cirrus Logic Plummets 5.24% in Pre-Market on IT Dependency Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Cirrus Logic Plummets 5.24% in Pre-Market on IT Dependency Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-06 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cirrus Logic's stock witnessed a significant plummet of 5.24% in the pre-market trading session on Thursday, following the disclosure of risks associated with the company's dependence on information technology (IT) systems.</p>\n\n<p>The semiconductor company, known for its audio and voice integrated circuits, revealed that it faces substantial business risks stemming from its reliance on IT infrastructure and systems. Any potential disruptions, cyber attacks, or data breaches could adversely impact its operations, financial performance, and reputation.</p>\n\n<p>Investors reacted cautiously to this risk disclosure, prompting a sell-off in Cirrus Logic's shares. The company's acknowledgment of its vulnerability to IT-related threats has raised concerns among market participants regarding the potential financial implications and operational challenges it may face in the event of such incidents.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRUS","symbol_name":"凌云半导体","start_time":0,"source_url":"","article_id":"1111538990","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111538990","pubTimestamp":1738853221,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Cirrus Logic's stock witnessed a significant plummet of 5.24% in the pre-market trading session on Thursday, following the disclosure of risks associated with the company's dependence on information technology  systems.The semiconductor company, known for its audio and voice integrated circuits, revealed that it faces substantial business risks stemming from its reliance on IT infrastructure and systems. Any potential disruptions, cyber attacks, or data breaches could adversely impact its operat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRUS":"凌云半导体"},"translate_title":"Cirrus Logic因IT依赖风险盘前暴跌5.24%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRUS":1},"content_text":"Cirrus Logic's stock witnessed a significant plummet of 5.24% in the pre-market trading session on Thursday, following the disclosure of risks associated with the company's dependence on information technology (IT) systems.\nThe semiconductor company, known for its audio and voice integrated circuits, revealed that it faces substantial business risks stemming from its reliance on IT infrastructure and systems. Any potential disruptions, cyber attacks, or data breaches could adversely impact its operations, financial performance, and reputation.\nInvestors reacted cautiously to this risk disclosure, prompting a sell-off in Cirrus Logic's shares. The company's acknowledgment of its vulnerability to IT-related threats has raised concerns among market participants regarding the potential financial implications and operational challenges it may face in the event of such incidents.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}