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0.0016921397379914 0.00436681222707434 0.00709606986899558 -0.00109170305676854 0.00491266375545851 0.0016375545851529 0.00389737991266379 -0.00234716157205236
Stock impact report

Immersion (IMMR) Plunges 25% in a Month: Is It Time to Buy the Dip? [Yahoo! Finance]

Immersion Corporation (IMMR) 
Last immersion corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.immersion.com/investor-relations
Company Research Source: Yahoo! Finance
The drop stands out starkly against the stability of the S&P 500, which has only seen minor fluctuations during the same period. Additionally, Immersion's performance significantly underperformed the Technology Select Sector SPDR Fund XLK ETF, which posted a 4.9% gain in the same timeframe. What Triggered the Fall? The dramatic drop in Immersion's stock price was primarily due to investors' profit-taking strategy. After a strong bullish run that saw the stock reach a 52-week high of $13.94 on Jul 29, 2024, many investors chose to lock in their gains, leading to a wave of selling pressure. The stock had attracted considerable attention due to its innovative haptic technology and user interface designs, which fueled its upward momentum. However, as the stock approached the $14 mark, it became increasingly apparent that investors were eager to capitalize on these gains. One-Month Price Return Performance Image Source: Zacks Investment Research Moreover, the stock's premium v Show less Read more
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