🟢 SMTC is trading 4.6% up today on a relief rebound following last week's trade-driven selloff

SMTC is trading about 4.6% up today at $144.00 in pre-market as shares stage a relief move following last week's sharp decline.

• The stock faced significant pressure last week fueled by China trade concerns and news of an exit by Whale Rock Capital Management.
• The current rebound appears to be a technical bounce with no fresh company-specific headlines, supported by mildly positive sentiment in U.S. tech futures after Friday's semiconductor sector weakness.