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STMicroelectronics Trading Volume Plummets 33.86 Percent Ranking 426th Amid Strategic Partnership with Metalenz
Generated by AI AgentVolume Alerts
Friday, Jul 11, 2025 6:10 pm ET1min read
On July 11, 2025,
(STM) experienced a significant drop in trading volume, with a total of 2.20 billion shares traded, marking a 33.86% decrease from the previous day. This decline placed the company's trading volume at the 426th position among all stocks traded that day. The stock price of STMicroelectronics also decreased by 2.63%.STMicroelectronics, a global leader in semiconductors, has entered into a new licensing agreement with Metalenz, a pioneer in metasurface optics. This partnership aims to enhance STMicroelectronics' capabilities in producing advanced metasurface optics by leveraging Metalenz's intellectual property and STMicroelectronics' technology and manufacturing platform. The agreement is expected to address the growing market opportunity for metasurface optics, which is projected to reach $2 billion. This collaboration will bolster STMicroelectronics' technology leadership in consumer, industrial, and automotive segments, opening up new opportunities for innovation and growth.
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