2024-04-18 12:19:26 ET
Summary
- The stock was trending higher until a few days ago, but the trend has been broken with the stock falling below the trendline in recent days.
- XPER is assigned a relatively low market cap, in large part due to all the recent losses, but XPER is in better shape than it looks at first.
- The 2022 split into XPER and ADEA is still having an impact on the company, which is relevant if one intends to place bets on XPER.
- XPER is worth keeping an eye on, but long XPER may have to wait while the stock is likely going lower.
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For further details see:
Xperi Is Headed Lower After Breaking Down