Sitime Corporation shares fall 2.72% intraday due to lock-up agreement on certain common stocks.

Sitime Corporation declined 2.72% in intraday trading. The company's stock is subject to a Lock-Up Agreement ending on 25-AUG-2025, which restricts the sale or transfer of certain common stocks held by executive officers, directors, and MegaChips Corporation until 25-AUG-2025. This lock-up period may have contributed to the stock's decline as investors anticipate potential selling pressure once the lock-up expires.