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

null (symbol: SLAB) was one of the worst losers of the trading day today
(2015-07-29), losing -11.19%. The number of shares that changed hands was
1,150,587, or about 4 times the average daily volume in the stock.
The closing price was $45.31, amounting to a market cap of $1,940,000,000,
about -2.66% off the highest price in the last 12 months. The stock has
been trading at a range between $43.77 and $46.55.
SLAB is in the Semiconductors industry, part of the Technology sector. It
first went public in 2000.
Looking at its valuation, the stock is now trading at 53.88 times earnings.