PRISM Mid-Day Movers: Semiconductors and MedTech are Today’s Leaders.
Everspin Technologies, Inc. (NASDAQ: MRAM) is going vertical today, with shares up 49.18% at $40.265 after opening at $36.102 and ripping through a $33.66–$41.74 intraday range to set a new 52‑week high of $41.74, more than seven times the $5.49 year low. Over 15,925,304 shares have changed hands versus an average of 1,041,370, as traders crowd into this MRAM‑memory and defense/industrial chip name following a string of bullish catalysts, including a fresh $40 million Mil‑Aero MRAM supply agreement and solid Q1 2026 results, driving the market cap to $944.12 million and catapulting the price far above its 50‑day ($11.8831) and 200‑day ($9.92538) moving averages—even though trailing EPS is just $0.01 and the headline P/E of 4,026.50 underscores how momentum‑ and story‑driven this latest leg of the rally is.
Intelligent Bio Solutions Inc. (NASDAQ: INBS) is enjoying a sharp rebound today, with the stock up 29.24% to $3.05 after opening at $2.39 and trading between a day low of $2.3626 and a day high of $3.23 on the Nasdaq. Volume has already reached 269,932 shares versus an average of 98,838, and while that’s not enormous in absolute terms, it’s meaningful for a name with just $1,969,541 in market cap, so incremental buying is translating into outsized percentage moves even as the shares still sit near the bottom of their $2.27–$24.90 52‑week range and the company remains deeply unprofitable with EPS of −14.45 and a P/E of −0.21, leaving today’s action squarely in high‑beta, speculative bounce territory.
Other Notable Movers:
POET Technologies Inc., (POET) up 26%
Innodata Inc. (INOD) up 26%
IO Biotech (IOBT) down -27%
