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-0.00204498977505108 -0.00408997955010234 -0.00817995910020451 -0.00817995910020451 -0.00286298568507162 -0.0449897750511247 -0.0511247443762781 -0.0408997955010225
Stock impact report

Indie Semi stake sale to focus company on ADAS opportunity, says Roth Capital [Yahoo! Finance]

indie Semiconductor, Inc. - Class A (INDI) 
Company Research Source: Yahoo! Finance
entered into a non-binding agreement to sell its stake in its China Wuxi subsidiary to a China-based electronics company for all-cash proceeds. The closing of the deal may take some time, but Roth believes Indie will emerge following the divestiture as a more focused global auto Advanced Driver-Assistance Systems provider with a diversified sensor offering and will have a “cleaner” geopolitical structure going forward, the analyst tells investors in a research note. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See the top stocks recommended by analysts Read More on INDI: Disclaimer & Disclosure Report an Issue Indie Semiconductor enters pact to sell up to all of Wuxi indie stake Indie Semiconductor's Earni Show less Read more
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