$MXL is one of biggest losers #stocks today. read more:

MaxLinear, Inc Class A Common S (symbol: MXL) was one of the worst losers
of the trading day today (2016-08-09), losing -21.0%. The number of shares
that changed hands was 11,805,346, or about 11 times the average daily
volume in the stock.
The closing price was $17.3, amounting to a market cap of $1,090,000,000,
about -23.11% off the highest price in the last 12 months. The stock has
been trading at a range between $9.0 and $22.5.
MXL is in the Semiconductors industry, part of the Technology sector. It
first went public in 2010.