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Shares of IDCC Down 26.5% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Interdigital Inc (NASDAQ:IDCC) on May 23rd, 2019 at $65.01. In approximately 3 months, Interdigital Inc has returned 26.52% as of today's recent price of $47.77.

In the past 52 weeks, Interdigital Inc share prices have been bracketed by a current low of $47.65 and a high of $85.85 and are now at $47.84. The 200-day and 50-day moving averages have moved 0.46% lower and 1.39% lower over the past week, respectively.

InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G and IEEE 802-related products and networks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Interdigital Inc.

Log in and add Interdigital Inc (IDCC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights interdigital inc

Ticker(s): IDCC