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MRAM News5 articles
Everspin Drops 7.5% Friday but Surges 39% for the Week After Insider Sale and Defense Win
Everspin shares fell 7.5% to $37.57 Friday but gained 39% for the week after a director sold shares and the company reported a $40 million defense contract and positive Q1 results.
Everspin Technologies Surges on $40M Defense MRAM Deal
Everspin Technologies shares rose 25% to $26.99 after announcing a $40 million defense subcontract for domestic MRAM production, with Q1 revenue reaching $14.9 million.
Everspin Shares Jump on $40M Defense MRAM Award, Strong Q1 Sales
Everspin Technologies shares jumped 25.5% Friday following a $40 million U.S. defense MRAM deal and stronger Q1 sales. The stock closed at $26.99 and traded at $36.05 after hours.
Everspin Technologies Surges on $40M Defense MRAM Contract
Everspin Technologies shares surged on a $40M defense MRAM subcontract with Amentum Services, running through Nov. 2028. Q1 revenue rose to $14.9M, with MRAM product sales at $14.1M.
Everspin Technologies Stock Soars on $40M Defense MRAM Contract
Everspin Technologies shares jumped 38% after landing a $40 million defense deal for Toggle MRAM technology, with revenue set to bolster its on-shore manufacturing push.