MagnaChip Semiconductor (MX +6.8%) gains after announcing a $35M stock buyback, as the company...

|About: MagnaChip Semiconductor Cor... (MX)|By:, SA News Editor

MagnaChip Semiconductor (MX +6.8%) gains after announcing a $35M stock buyback, as the company takes advantage of a drop in share price - nearly 60% since April - to repurchase shares at a deep-discount.