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Why Himax Techologies Stock Is White-Hot Today

TheMotleyFool

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Why Himax Techologies Stock Is White-Hot TodayPhoto, wide shot, wide-angle lens, Cloud computing provider, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/8d7b6619-8b3b-4e9e-b659-68643d72528e.png

Shares of Taiwanese fabless semiconductor company Himax Technologies (NASDAQ: HIMX) stock jumped more than 12% in early trading on the Nasdaq Stock Market, before retreating to a 5.8% gain as of noon EDT.

It's not hard to figure out why: This morning, Himax released an earnings preannouncement confirming that it earned far more than Wall Street expected in the first quarter of 2021.

Image source: Getty Images.

Source Fool.com

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