Immersion (IMMR) Stock Jumps 7.7%: Will It Continue to Soar?

Immersion (IMMR) shares soared 7.7% in the last trading session to close at $11.54. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.9% gain over the past four weeks. For Immersion, the consensus EPS estimate for the quarter has been revised 4.8% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on IMMR go ...