MRAM is trading 10.5% up at $31.99 as the stock rebounds from a sharp selloff triggered by a Kerrisdale Capital short report.
- The recovery follows a strong after-hours bounce on May 20, likely driven by traders covering short positions.
- The move appears company-specific, significantly outperforming broader indices which are currently trading slightly lower.
- Recent volatility has been centered on valuation concerns and short-seller commentary rather than broader market trends.