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MaxLinear (MXL) Slid on Weaker-Than-Expected Results

Invesco Distributors, Inc., an investment management firm, released its “Invesco Small Cap Value Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund underperformed the benchmark due to stock selection and an overweight in industrials. A lack of exposure to real estate also detracted from relative performance. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

Invesco Small Cap Value Fund highlighted stocks like MaxLinear, Inc. (NASDAQ:MXL) in the third quarter 2024 investor...