Blaize Holdings is trading at $0.95 (+5.14%) in pre-market as selling pressure eases following news that Temasek reduced its stake by 60%.
- The stock is recovering from a 9.16% drop in the prior session, which was driven by the July 24 report that the investment firm significantly slashed its position.
- Pre-market strength is supported by a broader risk-on tone across the market, with Nasdaq futures and major U.S. indices trading higher.
- Blaize Holdings closed at $0.90 on July 24, with recent price action marked by high volatility and shifting investor sentiment.