LSCC is trading 5.8% down at $146.29 following a sharp pullback from recent highs amid a broader selloff in technology and semiconductor names.
- The decline tracks a 1.6% drop in the Nasdaq Composite, suggesting a general risk-off sentiment rather than a stock-specific setback.
- Profit-taking is pressuring shares after a strong rally last week, though core catalysts like AI-driven optimism and analyst target hikes remain in place.