SiTime Corporation Soared

SiTime Corporation (SITM:NASDAQ) shot up at $124.34, representing a gain of 28.3%. On Thu, May 09, 2024, SITM:NASDAQ touched a New 2-Week High of $124.34. The stock appeared on our News Catalysts scanner on Thu, May 09, 2024 at 12:18 PM in the 'ACQUISITION' category. From Thu, Apr 25, 2024, the stock recorded 70.00% Up Days and 81.82% Green Days

About SiTime Corporation (SITM:NASDAQ)

SiTime Corp is a USA based provider of silicon timing systems solutions. The company designs, develops and sells silicon timing systems solutions for different industries incliding automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, United States, and other regions and generates the majority of the revenue from Taiwan.