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Should You Buy Cirrus Logic Stock Because Its Buyback Got Cheaper?
Trefis10d agobullish
Should You Buy Cirrus Logic Stock Because Its Buyback Got Cheaper?

Cirrus Logic (CRUS) stock has fallen about 27% in three months and trades roughly a third below its 52-week high. Investors are weighing a PC year that just got pushed out against a share count that keeps shrinking anyway. The buyback behind that is sturdier than the tape suggests: third in line for the cash, and still comfortably funded.