Alert: Major Price Advance (2/3/25)-MagnaChip Semiconductor Corp (NYSE: MX).

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MagnaChip Semiconductor Corp (NYSE: MX) stock enjoyed a major increase of 13.1% on 2/3/25. The shares closed at $4.58. Moreover, exceptionally high trading volume at 650% of normal accompanied the advance. The stock has risen 10.9% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

MagnaChip Semiconductor has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. MagnaChip Semiconductor has a neutral Appreciation Score of 58 but a poor Power Rating of 16, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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