Why Indie Semiconductor Rallied This Week
Shares of Indie Semiconductor (NASDAQ: INDI) rallied this week, up 17.7% as of 12:21 p.m. ET on Thursday, according to data from S&P Global Market Intelligence.Small-cap stocks often have larger potential upside than their larger-cap peers, merely because of their size and room to grow. The flip side is that they often carry higher risk.At first glance, Indie's results don't look so special. But one Wall Street analyst sees big things in the future stemming from recent customer wins.Continue reading
Shares of Indie Semiconductor (NASDAQ: INDI) rallied this week, up 17.7% as of 12:21 p.m. ET on Thursday, according to data from S&P Global Market Intelligence.
Small-cap stocks often have larger potential upside than their larger-cap peers, merely because of their size and room to grow. The flip side is that they often carry higher risk.
At first glance, Indie's results don't look so special. But one Wall Street analyst sees big things in the future stemming from recent customer wins.
