MVIS is trading at $0.40 (+5.32%) in pre-market after a CEO letter and Q&A session addressed shareholder concerns regarding the company’s share price and Nasdaq compliance.
- MicroVision published the communication on its investor relations site to clarify its strategy for bid-price compliance and its planned transfer to the Nasdaq Capital Market.
- The move follows a period of heightened volatility and a broader risk-off sentiment that has recently pressured semiconductor and growth-oriented stocks.