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Gainers: BigBear.ai (BBAI) +17%. Vuzix (VUZI) +12%. Silicon Motion Technology (SIMO) +12%. DatChat (DATS) +12%. GitLab (GTLB) +11%. Losers: AppTech Payments (APCX) -15%. Wrap Technologies (WRAP) -10%. Quanergy Systems (QNGY) -10%. Data Storage (DTST) -9%. Cloopen Group (RAAS) -...
Silicon Motion (NASDAQ:SIMO), which reportedly is exploring a sale after takeover interest, could be an "easy tuck-in" candidate for most fabless design houses, according to a Wedbush analyst. SIMO jumped 9.2%. Microchip Technology (MCHP), Marvell (MRVL) and Broadcom (AVGO) may be potential b...
ERYTECH Pharma (ERYP) +53% divests US manufacturing facility for $44.5M and enters long-term supply pact with Catalent. Nkarta (NKTX) +48% announces positive preliminary dose finding data for two lead engineered natural killer cell programs. Cango (CANG) +22% announce...
Merger chatter and analyst comments played a major role in Monday's pre-market trading. Twitter (TWTR) once again took the spotlight, amid swirling reports that the company is close to a deal to sell itself to Elon Musk. Beyond the ongoing TWTR soap opera, Silicon Motion Technology Corp. (NAS...
Silicon Motion Technology Corp. (NASDAQ:SIMO) is said to be considering a potential sale amid takeover interest in the semiconductor company. Taiwan-based Silicon Motion (SIMO) is working with advisers as it holds talks with possible bidders, according to a Bloomberg report. SIMO has a market...
Silicon Motion Technology (NASDAQ:SIMO) gained 1.6% amid takeover speculation. There's speculation that a mystery bidder is said to be circling Silicon Motion (SIMO), according to a Betaville report. It's not clear who might be interested in acquiring SIMO. Silicon Motion (SIMO) has a ma...
Silicon Motion Technology (NASDAQ:SIMO) expects 1Q22 revenue growth to be slightly above the high-end of its previously announced guidance range of $225M to $238M vs consensus of $232.22M. Gross margin (non-GAAP) is expected to be approximately 52%, above the company's original 49.5% to ...
TAIPEI, Taiwan and MILPITAS, Calif., April 08, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on ...
Dividends are a powerful tool that investors should employ to achieve a balance of total return and low volatility. Retirees who rely on dividends for income should approach dividend payers differently. My ideal dividend payer accomplishes four goals: maximize total return, delive...
Micron reported a robust FQ2'22 earnings card, with solid guidance. We believe that the company is a high FCF yield defensive semiconductor play. However, investors need to note a key caveat when valuing MU stock. Nonetheless, we rate MU stock a Buy, with a price target of $100. ...
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Business Highlights Second quarter of 2024 sales increased 11% Q/Q and increased 50% Y/Y SSD controller sales: 2Q of 2024 increased 0% to 5% Q/Q and increased 25% to 30% Y/Y eMMC+UFS controller sales: 2Q of 2024 increased 25% to 30% Q/Q and increased 190% to 195% Y...
2024-07-24 14:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its pre...