SiTime is trading at $428.76, down 4.3% on November 4, reversing its earlier premarket gain; no clear company-specific cause has been identified.
- SiTime is scheduled to report third-quarter results after the market close.
- The decline is not tracking the broader semiconductor rally: SOXX is up 2.95%, and major indexes are higher.
- Rosenblatt raised its price target to $900 from $750 ahead of the report; available coverage does not connect the action to today’s drop.