Movano is trading 10.4% up at $12.09 after Corvex announced a more than fivefold expansion of critical data-center power capacity.
- The announcement was made on August 31, 2026.
- Movano secured approximately $33 million through a private placement led by Goldman Sachs, Morgan Stanley, and Oppenheimer, supporting its AI infrastructure expansion; the transaction is expected to close around September 2, 2026.
- The move extends a volatile multi-session rally despite broader U.S. equity weakness and mixed healthcare-sector sentiment.