Home Trending Stocks What Prompted The 12% Rise In Pixelworks (PXLW) Stock?

What Prompted The 12% Rise In Pixelworks (PXLW) Stock?

A rise of 12.54% and equivalent to $0.43 was recorded in the trading on Tuesday for Pixelworks (NASDAQ: PXLW). Pixelworks stock reached its lowest point of $3.42 during the trading session, while the PXLW stock soared as high as $4.12 during the peak of the day.‎

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Trading volume for PXLW stock was observed to be 1.7 million in the last session, with the closing price of Pixelworks stock was at $3.47. Pixelworks’ collaboration to make the display screen for a flagship smartphone prompted the PXLW stock to rise on the day.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Read More

Why was the stock up?

Pixelworks provides leading industry solutions and technology for video creation, video delivery, and display processing. The superior visual quality of Pixelworks video display solutions delivers a true cinematic experience – from cinema to smartphone, to HDTV and beyond. Over the last 20 years, PXLW has delivered image processing innovation to leading consumer electronics, professional display, and video streaming service providers.

Pixelworks announced yesterday the launch of the iQOO Neo5 smartphone as the first iQOO brand series.

  • It is the first smartphone in the vivo lineup with a Pixelworks X5 Pro processor to offer ultra-premium display performance.
  • Pixelworks’ patented technologies enable the new flagship smartphone to deliver gaming experiences never seen before thanks to the extreme bandwidths of 5G.
  • The iQOO Neo5 smartphone’s display performance has been improved by Pixelworks and iQOO through a collaboration in the last six months.
  • They teamed up for advancement in graphics for popular mobile games, including Game for Peace, Perfect World, and Hongkai Impact 3.
  • iQOO Neo5 delivers unparalleled gaming with enhanced motion synchronization, color balance, and clarity, resulting in immersive experiences (literally) and high dynamic range (HDR).

    Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Through this joint effort, Pixelworks (PXLW) has set new standards for visual quality on next-generation smartphones, setting the trend for highly immersive viewing experiences on phones. And that will be benefiting PXLW in the growth of its business moving ahead.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Why Is The OPTT Stock Rising Today?

The shares of leading innovative and cost-effective ocean energy solutions provider Ocean Power Technologies Inc. (OPTT) have been trading up 3.54% in early trades...

IHT Stock Has Been Growing During Premarket Session. What Has Driven That Upward Trend?

At the premarket today, shares of InnSuites Hospitality Trust (NYSE: IHT) rose 10.43% to $2.33. The InnSuites stock gained 3.43% last trading day to finish...

In Premarket Session, Why Is SEAC Stock Rising?

Shares of SeaChange International Inc. (NASDAQ: SEAC) are trading up 11.65% to $1.15 in premarket. SEAC stock gained 1.98% to end Wednesday trading session...

Here is why Qualtrics International Inc (XM) stock surged in the after-hours on Wednesday?

Qualtrics International Inc (XM) stock started the Wednesday, April 21, 2021, in a negative mode and lost 0.059% in normal trading session but in...

ZLAB Stock Is On An Upswing Today. Why?

Today's premarket session has seen shares of Zai Lab Limited (NASDAQ:ZLAB) up 6.12% at $160.00. Last trading session, Zai Lab plunged -8.15% to finish...

IHT Stock Has Been Growing During Premarket Session. What Has Driven That Upward Trend?

At the premarket today, shares of InnSuites Hospitality Trust (NYSE: IHT) rose 10.43% to $2.33. The InnSuites stock gained 3.43% last trading day to finish...

Is There Any Reason Why ACTC Stock Is Rising Before The Market Opens Today?

ArcLight Clean Transition Corp. (NASDAQ: ACTC) shares are trading up 7.12% at $17.90 in premarket trade this morning. ArcLight stock gained 15.64% during the...

BNGO Stock Is On An Upswing Today, Why?

The premarket trading price for Bionano Genomics Inc. (NASDAQ: BNGO) was up 5.75% at $6.25. A share of Bionano stock closed at $5.91 last...

Related News

Why Is The OPTT Stock Rising Today?

The shares of leading innovative and cost-effective ocean energy solutions provider Ocean Power Technologies Inc. (OPTT) have been trading up 3.54% in early trades...

IHT Stock Has Been Growing During Premarket Session. What Has Driven That Upward Trend?

At the premarket today, shares of InnSuites Hospitality Trust (NYSE: IHT) rose 10.43% to $2.33. The InnSuites stock gained 3.43% last trading day to finish...

In Premarket Session, Why Is SEAC Stock Rising?

Shares of SeaChange International Inc. (NASDAQ: SEAC) are trading up 11.65% to $1.15 in premarket. SEAC stock gained 1.98% to end Wednesday trading session...

Here is why Qualtrics International Inc (XM) stock surged in the after-hours on Wednesday?

Qualtrics International Inc (XM) stock started the Wednesday, April 21, 2021, in a negative mode and lost 0.059% in normal trading session but in...

ZLAB Stock Is On An Upswing Today. Why?

Today's premarket session has seen shares of Zai Lab Limited (NASDAQ:ZLAB) up 6.12% at $160.00. Last trading session, Zai Lab plunged -8.15% to finish...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.