Immersion (IMMR -7.4%) sells off on a downgrade to Sell from Capstone Investments. Reports of of...

|About: Immersion Corporation (IMMR)|By:, SA News Editor

Immersion (IMMR -7.4%) sells off on a downgrade to Sell from Capstone Investments. Reports of of weakening smartphone sales growth are a negative for Immersion, since the company depends on royalties on devices that use its haptic feedback technology.