SiTime (SITM) stock price drops 5.5% into weekend as investors focus on insider filing and next earnings
SiTime Corp shares fell 5.5% to $342.90 Friday, extending a late-week slide on 222,000 shares traded. A regulatory filing showed new director Faraj Aalaei received 1,083 RSUs after joining the board and compensation committee. The iShares Semiconductor ETF dropped 1.1%. SiTime will report Q4 results after markets close Feb. 4.