Immersion Corporation (IMMR) Shares are Down -14.38%

Immersion Corporation (IMMR) : During the past 4 weeks, traders have been relatively bearish on Immersion Corporation (IMMR), hence the stock is down -12.98% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -14.74% relative to the S&P 500. The 4-week change in the price of the stock is -10.82% and the stock has fallen -14.38% in the past 1 week.

Immersion Corporation (NASDAQ:IMMR): The stock opened at $7.08 on Friday but the bulls could not build on the opening and the stock topped out at $7.26 for the day. The stock traded down to $6.24 during the day, due to lack of any buying support eventually closed down at $6.43 with a loss of -14.27% for the day. The stock had closed at $7.50 on the previous day. The total traded volume was 1,538,625 shares.

The stock has recorded a 20-day Moving Average of 14.02% and the 50-Day Moving Average is 8.78%. Immersion Corporation has dropped 5.58% during the last 3-month period . Year-to-Date the stock performance stands at -44.85%.

Immersion Corporation (IMMR) : The highest level Immersion Corporation (IMMR) is projected to reach is $15 for the short term and the lowest estimate is at $11. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $13.05 and the possibility the share price can swing is $1.81.


Immersion Corporation is an intellectual property (IP) and software licensing company focused on the creation, design, development and licensing of haptic innovations and software that allow people to use their sense of touch more when operating a range of digital devices. The Company is focusing its marketing and business development activities on the following markets: mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical, and commercial. In the target markets, it licenses the software and IP to manufacturers for use in products sold under their own brand names. It has software licenses for TouchSense, TouchSense 1000, TouchSense 2000, TouchSense Core, Integrator and TouchSense Engage. It offers patent licenses in Basic Haptics and Force Feedback. It also offers Turn-key Engineering and Integration Services, Design Kits for Prototyping, Authoring Tools, Application Programming Interfaces and Platform Independent Solutions.

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