Today: 16 June 2026
Browse Category

NASDAQ:MRAM 3 May 2026 - 16 May 2026

Everspin Stock Jumps After $40 Million Defense MRAM Deal: What Changed

Everspin Stock Jumps After $40 Million Defense MRAM Deal: What Changed

Everspin Technologies shares jumped 25% to $26.99 after announcing a $40 million U.S. defense subcontract with Amentum Services tied to domestic MRAM chip production. The Chandler, Arizona company reported first-quarter revenue of $14.9 million and a narrowed net loss of $0.3 million. The subcontract runs through late 2028 with milestone payments. Everspin’s market value reached about $624 million.
Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Stock Jumps After $40 Million Defense MRAM Deal — Why Investors Are Watching Now

Everspin Technologies shares jumped $3.19 to $21.49 after announcing a $40 million U.S. defense MRAM subcontract with Amentum Services, set to run through November 2028. First-quarter revenue rose to $14.9 million, with MRAM product sales at $14.1 million. The company posted a GAAP net loss of $0.3 million. Second-quarter revenue is forecast at $15.5 million to $16.5 million.

Stock Market Today

  • Sebi Slaps ₹6.04 Crore Penalty on NSE Over April 2024 Glitch
    June 16, 2026, 7:57 AM EDT. The Securities and Exchange Board of India (Sebi) imposed a ₹6.04 crore penalty on the National Stock Exchange (NSE) for failing to restore normalcy promptly after a technical glitch in April 2024. The penalty also stems from NSE's delay in submitting the final root cause analysis report to Sebi. The regulatory step highlights Sebi's emphasis on timely resolution and transparency in operational disruptions affecting market stability.

Latest articles

IM Cannabis Stock Surges as Traders Weigh Nasdaq Listing and Dilution Risks

IM Cannabis Stock Surges as Traders Weigh Nasdaq Listing and Dilution Risks

16 June 2026
IM Cannabis surged over 12% to $0.2610 with premarket quotes at $0.3491 amid high volume and no new company news, as investors eye risks from a recent resale-registration filing covering 17.3 million shares and Nasdaq’s $1.00 bid-price deadline; full conversion could boost shares outstanding by 306%, raising dilution concerns and potential stock pressure.
AT&T Shares Slip; Sector Lags S&P With Fed Decision and Earnings On Deck

AT&T Shares Slip; Sector Lags S&P With Fed Decision and Earnings On Deck

16 June 2026
AT&T shares fell 1.23% to $23.29 Monday despite a rising market, as investors rotated out of telecom stocks amid rate sensitivity and sector lag; the next key catalyst is the July 22 earnings call, where free cash flow and fiber growth will be in focus against high debt and capital spending.
Go toTop