STMicroelectronics N.V. (STM) Shares are Up 2.41%

STMicroelectronics N.V. (STM) : Traders are bullish on STMicroelectronics N.V. (STM) as it has outperformed the S&P 500 by a wide margin of 20.81% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.44%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.41% in the last 1 week, and is up 21.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

STMicroelectronics NV is up 34.3% in the last 3-month period. Year-to-Date the stock performance stands at 17.98%. The stock has recorded a 20-day Moving Average of 5.8% and the 50-Day Moving Average is 19.81%.


STMicroelectronics N.V. (NYSE:STM): The stock opened at $7.61 on Friday but the bulls could not build on the opening and the stock topped out at $7.66 for the day. The stock traded down to $7.61 during the day, due to lack of any buying support eventually closed down at $7.64 with a loss of -0.39% for the day. The stock had closed at $7.67 on the previous day. The total traded volume was 2,044,649 shares.

STMicroelectronics N.V. is a semiconductor company. The Company designs, develops, manufactures and markets a range of semiconductor products used in applications, such as Internet of Things (IoT), and serving many different end markets. The Company operates through two business segments: Sense & Power and Automotive Products (SP&A) and Embedded Processing Solutions (EPS). The SP&A segment consists of product lines, such as Automotive (APG), Industrial and Power Discrete (IPD), Analog and MEMS (AMS), and other SP&A. The EPS segment consists of product lines, such as Digital Convergence Group (DCG), and Imaging, BI-CMOS ASIC and Silicon Photonics (IBP) (DCG and IBP are combined as DPG); Microcontrollers, Memory & Secure MCU (MMS), and Other EPS. The Company operates in Semiconductors and Subsystems business areas.

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