Silicon Motion (SIMO) Ascends While Market Falls: Some Facts to Note
SIMOSilicon Motion(SIMO) ZACKS·2024-06-15 06:50

Silicon Motion (SIMO) ended the recent trading session at $82.71, demonstrating a +0.99% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.04%. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.12%. Heading into today, shares of the chip company had gained 5.94% over the past month, outpacing the Computer and Technology sector's loss of 2.27% and the S&P 500's gain of 4.15% in that time. Analysts and investor ...