SiTime Corporation (SITM) shares gained 11.96% today (2023-11-02). Is it the right time to buy?

What’s happening at SiTime Corporation (NasdaqGM:SITM)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 11.96% (or 11.57 points) to $108.32 from its previous close of $96.75. So is it the right moment to buy?
Read more: SiTime Corporation (SITM) shares gained 11.96% today (2023-11-02). Is it the right time to buy?