77.39
price up icon0.10%   +0.08
after-market  After Hours:  77.39 
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Why is Silicon Motion Technology Corp ADR (SIMO) Stock down?

We've noticed a 6.15% decline in Silicon Motion Technology Corp ADR (SIMO) stock during the 2023-08-16 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
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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