Innoviz Technologies is trading at $0.41 (7.4% up) in after-hours trading after two sharply negative sessions driven by dilution concerns.
- Shares dropped on July 29 following news that the company raised $30 million by selling 67 million new shares, pressuring the stock amid a broader semiconductor rout.
- The modest after-hours rebound suggests bargain hunting and position adjustments after the offering-related selloff.