Immersion (IMMR) closed at $8.51 in the latest trading session, marking a +1.07% move from the prior day.
Immersion's leadership in the haptic space provides a solid growth trajectory in the long term, making the stock worth holding at present.
Immersion Corporation's investment in Barnes & Noble Education has become the main point of interest among investors in IMMR stock. While IMMR's "Holdco discount" comes in at a relatively modest 7%, there are three key reasons why you may want to gain exposure to a further BNED comeback through IMMR. These include the potential for a much better risk/reward proposition, possible future acquisitions/return-of-capital efforts, as well as possible additional small windfalls from IMMR's patent portfolio.
Immersion Corporation reported somewhat confusing quarterly results, with numbers and comparisons heavily impacted by the consolidation of Barnes & Noble Education. While the consolidation of Barnes & Noble Education made the numbers appear strong, Immersion's core licensing revenues were down by more than 70% on a sequential basis. The company declared a $0.245 per share special cash dividend for the quarter which is payable on January 24, 2025, to stockholders of record on January 10, 2025.
Immersion (IMMR) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.08 per share a year ago.
In the most recent trading session, Immersion (IMMR) closed at $9.09, indicating a +1% shift from the previous trading day.
Announces Share Buyback Program LAS VEGAS, NV / ACCESSWIRE / December 9, 2024 / Bitmine Immersion Technologies, Inc. (OTCQX:BMNR) ("Bitmine" or "the Company"), a leading blockchain technology firm specializing in immersion-cooled bitcoin mining, today announced annual results and achievements for the fiscal year ended August 31, 2024 summarized in key metrics below. BitMine continues to expand its operational footprint and is currently deploying 3000 recently purchased ASICs to its existing fleet of approximately 1,640 units.
Immersion (IMMR) closed the most recent trading day at $9.02, moving +1.23% from the previous trading session.
In the most recent trading session, Immersion (IMMR) closed at $8.93, indicating a -1.33% shift from the previous trading day.
IMMR's strong portfolio of haptics and IP products makes the stock worth retaining. However, its valuation seems to be stretched at present.
Immersion (IMMR) closed the most recent trading day at $8.54, moving +0.83% from the previous trading session.
IMMR's Q3 results are likely to gain from the increasing demand for its touch feedback technology across the gaming, automotive and consumer electronics sectors.