Why Himax Technologies Stock Jumped 42.1% in February

Why Himax Technologies Stock Jumped 42.1% in February

Shares of Himax Technologies (NASDAQ: HIMX) gained 42.1% in February, according to data from S&P Global Market Intelligence. The company gained ground amid signs of continued momentum for its growth initiatives, increased demand for its display driver technologies, and favorable analyst coverage. Himax released its fourth-quarter results on Feb. 4 and delivered very impressive performance in the period.