Synergistic Business Carve-out Adds Industry-leading Capabilities in Support of ADAS and Autonomous Vehicle Applications
Accelerates Entry into Adjacent, Large and Growing Radar Market
Differentiated Technology
Indie Semiconductors Inc. (NASDAQ: INDI) shares traded higher Thursday, possibly continuing in momentum after a Keybanc analyst initiated coverage on the stock with an Overweight rating and a price target of $18.
Indie Semiconductors closed up 8.1% at $12.27.
indie Semiconductor, Inc. (NASDAQ:INDI), an Autotech solutions innovator, has created a dedicated business unit focused exclusively on high quality perception-enabled, vision processing solutions to address the majority
Gainers
Superior Drilling Products, Inc. (NYSE: SDPI) shares rose 60.6% to close at $1.75 on Thursday after jumping over 23% on Wednesday. The company, last month, reported
Q2 earnings of $0.00 per share on sales of $3.40 million.
Indie Semiconductors Inc. (NASDAQ: INDI) shares are trading higher Thursday although there looks to be no company evident news to explain the jump in price. The stock has been trending throughout the day on social media sites such as StockTwits.