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Immersion (IMMR) in Focus: Stock Moves 23.4% Higher

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Zacks Equity Research
·1 min read
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Immersion Corporation IMMR was a big mover last session, as the company saw its shares rise more than 23% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.31 to $9.25 in the past one-month time frame.

The company has seen no estimates revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Immersion currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

 

Immersion Corporation Price

Immersion Corporation Price
Immersion Corporation Price

Immersion Corporation price | Immersion Corporation Quote

 

Another stock in the Computer and Technology sector is Radcom Ltd. RDCM, which currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Immersion Corporation (IMMR) : Free Stock Analysis Report
 
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Zacks Investment Research