Xiaomi (OTCMKTS:XIACF) Shares Up 1.1% – Here’s Why

Xiaomi Co. (OTCMKTS:XIACFGet Free Report)’s stock price shot up 1.1% during mid-day trading on Thursday . The stock traded as high as $5.5365 and last traded at $5.45. 30,861 shares changed hands during trading, a decline of 74% from the average session volume of 117,751 shares. The stock had previously closed at $5.39.

Xiaomi Stock Performance

The company has a 50-day moving average of $5.70 and a 200-day moving average of $6.58.

Xiaomi Company Profile

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Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.

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