Xiaomi Co. (OTCMKTS:XIACF – Get Free Report)’s stock price shot up 1.2% during mid-day trading on Tuesday . The company traded as high as $7.42 and last traded at $7.37. 86,125 shares traded hands during trading, a decline of 45% from the average session volume of 155,949 shares. The stock had previously closed at $7.29.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein initiated coverage on Xiaomi in a research note on Tuesday, April 15th. They issued an “outperform” rating on the stock.
Check Out Our Latest Stock Report on Xiaomi
Xiaomi Price Performance
About Xiaomi
Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.
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