Immersion Corporation (IMMR) Soars 1.77%

Immersion Corporation (IMMR) Soars 1.77%

Immersion Corporation is a Immersion Corp is focused on the creation, design, development, and licensing of innovative haptic technologies that allow people to use its sense of touch more fully as they engage with products

Immersion Corporation (IMMR) had a good day on the market for Monday January 18 as shares jumped 1.77% to close at $12.67. About 2.01 million shares traded hands on 11,792 trades for the day, compared with an average daily volume of n/a shares out of a total float of 26.94 million. After opening the trading day at $12.30, shares of Immersion Corporation stayed within a range of $13.23 to $11.95.

With today’s gains, Immersion Corporation now has a market cap of $341.29 million. Shares of Immersion Corporation have been trading within a range of $13.67 and $4.24 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Immersion Corp is focused on the creation, design, development, and licensing of innovative haptic technologies that allow people to use its sense of touch more fully as they engage with products and experience the digital world. The company’s software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from the United States of America.

Immersion Corporation is based out of San Jose, CA and has some 56 employees. Its CEO is Jared Smith.

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