On August 6, a $7.01 closing price was seen for Xperi Inc. stock, marking a fresh five-year low on the NYSE for the parent of TiVo, HD Radio and DTS AutoStage.
Two weeks later, the company led by chief executive Jon Kirchner is officially experiencing a well-welcomed rebound for its shares. Sparking the flurry of activity is Friday’s announcement that the company has agreed to sell its Perceive Corp. subsidiary to Amazon.com Services LLC.
