October 3rd: Adeia Inc (ADEA) Faces Significant 16.54% Stock Drop
On October 3rd, Adeia Inc (ADEA) opened at $10.61 USD but saw significant volatility, with its stock price fluctuating between a high of $10.61 USD and a low of $8.84 USD. The trading day concluded with a 16.54% decrease from the previous day's closing price, settling at $8.96 USD.
by Surya
Updated Oct 04, 2023
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Adeia Inc (ADEA) Encounters Sharp 16.54% Decline in Share Price
On October 2nd, the closing price for Adeia Inc (ADEA) was $10.73.
On October 3rd, Adeia Inc (ADEA) opened at $10.61. Throughout the day, the stock's value fluctuated, reaching a high of $10.61 and a low of $8.84. This high and low price range indicates the volatility of the stock during the trading session.
The trading day for Adeia Inc (ADEA) on October 3rd concluded with a closing value of $8.96. This represented a decrease of $1.77 (16.54%) from the previous day's closing price on October 2nd. After hours trading on October 3nd showed no change, with the stock maintaining a value of $8.96.
Additional financial data for Adeia Inc:
- Market Capitalization - $955.98M: This metric provides an estimate of the total value of all outstanding shares of the company's stock in the market.
- 52-Week High - $12.37: This represents the highest stock price that Adeia Inc (ADEA) reached over the past 52 weeks, indicating the peak performance during that period.
- 52-Week Low - $7.12: This represents the lowest stock price that Adeia Inc (ADEA) reached over the past 52 weeks, indicating the lowest point of performance during that period.
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