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Immersion (IMMR) Plunges 25% in a Month: Is It Time to Buy the Dip?
IMMRImmersion(IMMR) ZACKS·2024-08-26 13:27

Immersion Corporation (IMMR) has experienced a sharp 25% decline in its share price over the past month, leaving investors wondering if this is a buying opportunity. 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 Immers ...