MX Stock Recent News

Magnachip (MX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

LX Group collaborated with the Carlyle Group private equity fund manager to propose a takeover offer for Magnachip Semiconductor Corp (NYSE: MX), a media reported. LX Group recently submitted a letter of intent to acquire Magnachip Semiconductor to JP Morgan in the United.

There are deals to be had in the semiconductor industry, and Magnachip has become a buyout target in recent weeks.

Magnachip Semiconductor Corporation (NYSE:MX ) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants So-Yeon Jeong - Head of Investor Relations YJ Kim - Chief Executive Officer Shinyoung Park - Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Raji Gill - Needham & Company Martin Yang - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Q1 2022 MagnaChip Semiconductor Corporation's Earnings Conference Call.

Magnachip (MX) delivered earnings and revenue surprises of 12% and 1.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?