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What: Unlike their high-flying, cloudy namesakes, shares of audio chip expert Cirrus Logic
So what: Fourth-quarter earnings missed analyst targets by $0.02 per share and first-quarter sales guidance also disappointed the Street. It's the second earnings miss in the last three quarters, following a string of 10 straight meet-or-beat reports.
Now what: Cirrus shares are down more then 34% since the February peak, which coincides on an almost-spooky level with focal customer Apple
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