50.43
price down icon2.83%   -1.47
pre-market  Pre-market:  51.94   1.51   +2.99%
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Why is Silicon Motion Technology Corp Adr (SIMO) Stock down?

27 Jul, 2023:

Silicon Motion Technology Corporation (SIMO) shares fell 19.65% to $19.31 after jumping 25% on Wednesday. Silicon said it intends to enforce deal agreement with MaxLinear.

https://seekingalpha.com/news/3992082-silicon-motion-said-it-intends-to-enforce-deal-agreement-with-maxlinear

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