Immersion Stock Falls 18% in 3 Months: A Potential Buying Opportunity?
Immersion(IMMR) ZACKS·2024-10-09 22:57
Immersion Corporation (IMMR) has seen its stock price plunge by 18.4% in the past three months, prompting investors to question whether this dip presents a buying opportunity. In stark contrast to the relatively stable S&P 500 and the Technology Select Sector SPDR Fund's (XLK) modest 4.1% decline, Immersion's drop has been far more significant. But does this drop reflect underlying weaknesses, or is it a temporary pullback caused by external factors? 3-Month Price Return Performance Image Source: Zacks Inve ...