ATOM is trading 7.6% higher at $8.19, continuing a sharp recovery that began after last week’s selloff. The rebound follows:

  • Last week's announcement of an expanded collaboration with Synopsys, Inc. (SNPS) to advance Gallium Nitride (GaN) workflows, which sent the stock soaring.
  • A 7.5% gain on June 29, as shares continue to bounce back from recent lows following a discounted equity offering in February.
  • Additional support from a broadly firmer U.S. equity market today.