QuikLogic (QUIK) Is Up 60% in a Month: How to Trade in March?

The QuikLogic Corporation (NASDAQ: QUIK) stock has been one of the major gainers over the course of the past month and much of that is related to an announcement from the company in February.

In the past month, the QuikLogic stock has soared by as high as 60% and has emerged as one of the stocks that could be watched closely. Back on February 18, the semiconductor company announced the launch of a new product that works with Amazon’s virtual assistant Alexa. The company announced that the product in question comes with a new reference design and is compatible with Alexa.

Related:  SilverSun Technologies (SSNT) Rockets On 22 Million Shares Amid Expanding SWK’s Geographic Footprint

It is a major development for the company considering the fact that Alexa is one of the most popular virtual assistants in the world at the moment. On the other hand, QuickLogic also noted that the product comes with a variety of features that developers can make use of as well. It remains to be seen if the stock can add to its gains this week.

Anthony Gonzales

Biotech, Tech, and Crypto reporter Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.