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News & Analysis: Himax Technologies
One analyst's endorsement sparked a rally in the chipmaker stock.
Himax's 3D sensing chips didn't have the breakout year investors were looking for.
The semiconductor stock has now lost two-thirds of its value in 2018.
A worsening outlook for one of Himax's key product lines has hurt the company's stock in 2018.
Himax stock has bounced back from selloffs last month, but it looks like the company's share price will continue to be highly volatile.
The Taiwanese chipmaker's stock endured another month of consecutive double-digit declines, but shares have still posted big gains over the last year.
Even with an unexpected controversy triggering a big sell-off in December, Himax Technologies delivered strong performance for shareholders in 2017.
Despite controversy-related selloffs in December, Himax Technologies stock still gained roughly 73% in 2017.
Investors started believing in Himax's growth story again after it beat analysts' estimates in the third quarter.
A nasty tweet from Citron Research contributed to the stock's decline.