Vimicro International Corp (NASDAQ: VIMC), a semiconductor devices stock, is featured as the top momentum gainer to watch since it gained over 26% touching its new intraday 52-week highs in the last two consecutive trading days with far more shares changing hands than in a normal session. VIMC was among the top gainers in the U.S technology space after gaining 24.1% during the last session and closed at its 52-week high of $3.80 while recording volumes of 805,582 shares. During the past 5-trading sessions, VIMC gained 83.6% with average volumes of 392,608 shares. A momentum in share prices was witnessed after VIMC surged over 108% in the past one month with daily average volume of 108,458 shares.
Company Description:
Vimicro International Corp (NASDAQ: VMC) manufactures audio and video signal processing chips that enable multimedia communications and applications.
1-Year Stock Chart:
Source: Bloomberg
