STOCK TITAN

SiTime Corporation to be Added to the S&P MidCap 400 Index

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SiTime Corporation (Nasdaq: SITM) announced its inclusion in the S&P MidCap 400® Index, effective November 30, 2021. This marks a significant milestone for SiTime as it solidifies its position in the market for MEMS timing solutions. The company is noted for its innovative programmable solutions that enhance product performance, size, power efficiency, and reliability. With over 2 billion devices shipped, SiTime is reshaping the timing industry. This index addition may attract more investor attention and credibility in the financial markets.

Positive
  • Inclusion in the S&P MidCap 400 Index could enhance visibility and credibility.
  • Strong product offerings in MEMS timing with over 2 billion devices shipped, indicating robust market demand.
Negative
  • None.

SANTA CLARA, Calif., Nov. 23, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a leader in MEMS timing, today announced the company will be added to the S&P MidCap 400® Index, effective prior to the opening of trading on Tuesday, November 30, 2021.

About S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

About SiTime

SiTime Corporation is a market leader in silicon MEMS timing. Our programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With over 2 billion devices shipped, SiTime is changing the timing industry. For more information, visit www.sitime.com.

Investor Relations Contacts:

Shelton Group
Leanne Sievers | Brett Perry
949-224-3874 | 214-272-0070
sheltonir@sheltongroup.com

SiTime Corporation
Art Chadwick
Chief Financial Officer
investor.relations@sitime.com


SiTime Corporation

NASDAQ:SITM

SITM Rankings

SITM Latest News

SITM Stock Data

4.63B
23.36M
19.02%
84.23%
7.08%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
SANTA CLARA