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NASDAQ:MX 24 April 2026

Magnachip Semiconductor Stock Jumps 23% as New BatteryFET Puts Q1 Earnings in Focus

Magnachip Semiconductor Stock Jumps 23% as New BatteryFET Puts Q1 Earnings in Focus

Magnachip Semiconductor’s U.S.-listed shares jumped 23% late Friday to $5.25 ahead of its April 28 earnings report. The company this week launched two 8th-generation 12V MOSFETs for smartphone battery protection, with one already in mass production for a major global smartphone maker. Magnachip has guided for Q1 revenue of $44–$48 million and a gross margin of 14–16%. Analysts expect a loss of 22 cents per share.
24 April 2026
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Stock Market Today

  • Silicon Motion (SIMO) Emerges as a Strong Momentum Stock with Zacks Rank #1
    June 24, 2026, 1:40 PM EDT. Silicon Motion (SIMO) stands out as a top momentum pick with a Zacks Momentum Style Score of A and a Zacks Rank #1 (Strong Buy). The chip company's shares surged 14.68% last week, outperforming its industry which remained flat. Over the past quarter, SIMO gained 184.09%, and its 341.1% increase in the past year far exceeds the S&P 500's respective gains of 12.27% and 23.62%. This momentum is supported by solid price changes and positive earnings estimate revisions. SIMO's average 20-day trading volume is healthy at 982,576 shares, signaling strong investor interest. Such metrics suggest SIMO may continue to deliver timely and profitable trades for momentum investors.
GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale

GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale

24 June 2026
GE Aerospace surged 2.94% to a 52-week high after news that U.S. officials plan to advance a $700 million-plus jet engine sale to Turkey, as its Defense & Propulsion Technologies unit posts soaring orders and profit; analysts’ average price target remains below current levels, with second-quarter results due July 16.
Boxlight stock rises after reverse split, confirms July vote plan

Boxlight stock rises after reverse split, confirms July vote plan

24 June 2026
Boxlight shares soared 66% to $5.91 after a 1-for-6 reverse split and ahead of a July 7 shareholder vote on raising authorized Class A shares, but the company warned of “substantial doubt” about its ability to continue as a going concern due to debt, liquidity, and refinancing uncertainty.
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