Monolithic Power Systems, Inc.
|Company Name||Monolithic Power Systems, Inc.|
On October 9, 2019, Spruce Point Capital Management published a report alleging that the Company engaged in improper inventory manipulation and overstated sales.
On this news, the Company’s stock fell $6.66, or nearly 5%, to close at $135.15 per share on October 9, 2019, thereby injuring investors.
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