Immersion Corporation (NASDAQ: IMMR) has experienced a sharp 25% decline in its share price over the past month, leaving investors wondering if this is a buying opportunity. The drop stands out starkly against the stability of the S&P 500, which has only seen minor fluctuations during the same period. Additionally, Immersion’s performance significantly underperformed the Technology Select Sector SPDR Fund ETF (ARCA:XLK), which posted a 4.9% gain in the same timeframe. What Triggered the Fall?The dramatic drop in Immersion’s stock price was primarily due to investors’ profit-taking strategy. Af…