🟢 Everspin Technologies Inc is trading 12.17% up today as it rebounds from last week's sharp selloff

Everspin Technologies Inc is trading at $29.59 (+12.17%) as the stock recovers from a significant selloff during the previous week.

• The move follows a 15.61% drop on May 29, which occurred after the stock had previously rallied on news of a $40 million U.S. defense subcontract.
• Market analysts describe the gain as a technical bounce back, noting that no new company-specific catalysts have been identified and broader U.S. market indices are currently mixed.