🔴 SWKS is trading 4.5% down today as recent wireless-chip rebound fades and gains are digested

SWKS is trading 4.5% down at $77.77 as a sharp multi-day rebound in wireless and handset semiconductor stocks fades and recent gains are being digested.

• The move appears driven by technical consolidation and cooling sector momentum rather than new company-specific news.
• The pullback follows a prior 12% surge tied to improved wireless-chip sentiment and short covering.