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Shares of MagnaChip Semiconductor (NYSE: MX) were skyrocketing this morning on a report that LX Group is looking to acquire the company, according to the Korea Economic Daily website. The tech stock was up by 17.6% as of 11:17 a.m. ET on Tuesday. According to the new...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Luxembourg-based microchip company Magnachip Semiconductor (NYSE: MX ) is up nearly 20% so far this morning on rumors of mounting takeover interest. Indeed, MX stock is rising on reports that South Korea’s LX ...
Jiuzi Holdings (JZXN) +88% enters into an equity acquisition agreement to acquire automobile sales serviceshop operator under top China automaker Geely Auto's premium electronic vehicle brand geometry. Avadel Pharmaceuticals (AVDL) +35% provides comment on Recent trading activity. Gamida...
Magnachip Semiconductor (NYSE:MX) rose 17% in premarket trading on a report that South Korea's LX Group is looking to acquire the company. LX Group is expected to submit a letter of intent for Magnachip (MX) as early as next week, according to a Korea Economic Daily report. The latest Ma...
Magnachip Semiconductor (NYSE:MX) rose 1.7% after a report that recent negotiations with a potential buyer of the company broke down. Magnachip (MX) was in talks with Kolon Group recently, though the talks appear to have collapsed over price, according to a Korean publication. Sever...
Magnachip to Announce First Quarter 2022 Financial Results on May 3 PR Newswire SEOUL, South Korea , April 7, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for t...
Magnachip’s display and power businesses will drive its revenue growth higher in the years to come. The company’s revenue will grow at a CAGR of mid to high single digits in the next five years. Long-term investors can buy the company’s shares during pullbacks...
Magnachip's share price dropped after a buyout attempt by Wise Road failed. Magnachip walked away with a $70m termination fee, which boosts its net cash position to $300M. The company continues to generate a positive free cash flow on an underlying basis, making the stock rather c...
Magnachip Introduces High-performance Synchronous Boost Converter PR Newswire Synchronous architecture of high-side and low-side switches achieves high efficiency SEOUL, South Korea , March 15, 2022 /PRNewswire/ -- Magnachip Semiconductor...
Magnachip Semiconductor (NYSE:MX) completed its earlier announced repurchase of $37.5M of its stock, post its accelerated stock repurchase agreement with JPMorgan Chase Bank, National Association. The company repurchased ~2M shares at an average price of $18.51. The board ...
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Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended June 30, 2024, on Wednesday, July 31, 2024, after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m...
Magnachip Mixed-Signal, Ltd. (“MMS” or the “Company”) announced today the release of a multi-functional Power Management Integrated Circuit (PMIC) and a multi-channel level shifter to regulate different voltages and signals within display panels in IT devices. This...