Summit Wireless Technologies Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Information Technology : Semiconductors & Semiconductor Equipment |
Company profile

Summit Wireless Technologies Inc., formerly Summit Semiconductor, Inc. is an early-stage company that develops and sells wireless audio integrated circuits for home entertainment and professional audio markets. The Company develops and provides semiconductors and wireless audio modules to consumer electronics companies, which transmits and receives audio directly to speakers. Its technologies focus on providing wireless, interference free and uncompressed high-definition audio signals. Its subsidiaries include Summit Semiconductor, Inc., Summit Semiconductor K.K., and WiSA, LLC.


Last Trade
-0.06 (-2.49%)
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Market Hours

Closing Price
Day's Change
-0.22 (-8.37%)
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10-day average volume:

Apple's stock rises toward near 3-month high as dividend payment nears

12:36 pm ET May 11, 2020 (MarketWatch)

Shares of Apple Inc. (AAPL) rose 1.1% in midday trading Monday toward the highest close in nearly three months, with investors who own the shares through the close set to receive a dividend payment. The technology behemoth said on April 30 that it will pay a quarterly dividend of 82 cents a share on May 14 to shareholders of record at the close of business on May 11. That dividend is up 6.5% from the 77-cent dividend paid out in February. Based on the current stock price, the new annual dividend rate implies a dividend yield of 1.05%, which compares with the implied yield for the S&P 500 of 1.97%. Apple's stock, which is on track for the highest close since Feb. 20, is now 4.2% below the Feb. 12 record close of $327.20. It has gained 6.8% year to date, while the Dow Jones Industrial Average has lost 15.0%.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

May 11, 2020 12:36 ET (16:36 GMT)

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