Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
SIMOSilicon Motion(SIMO) ZACKS·2024-06-22 07:05

The latest trading session saw Silicon Motion (SIMO) ending at $82.49, denoting a -0.94% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.18%. The chip company's shares have seen an increase of 6.51% over the last month, not keeping up with the Computer and Technology sector's gain of 6.77% and outstripping the S&P 500's gain of 3.15%. Market participants will be closely follow ...