MRAM is trading 11% up at $32.00 in after-hours trading, rebounding from recent steep declines sparked by a Kerrisdale Capital short report that questioned the company's valuation.
- The price action suggests traders may be covering short positions or bargain-hunting following a multi-day slide triggered by the short-seller's report.
- No fresh company-specific headlines or earnings releases have emerged to explain the extended-hours move.