MRAM is trading 10.8% up now at $32.06, rebounding after several sharp declines tied to a Kerrisdale Capital short report and subsequent insider share sales disclosures.
- The stock is extending a strong after-hours bounce from the prior session, with today’s move appearing driven largely by short-covering and bargain hunting following the recent report-driven selloff.
- The price action appears to be a technical recovery rather than a response to any new fundamental company announcements or developments.