Everspin Technologies is trading 5.1% up today at $17.79, rebounding after a recent sell-off sparked by short-seller allegations and valuation concerns.
- The stock had previously declined after Kerrisdale Capital disclosed a short position, questioning the company's AI-related hype and post-defense-contract rally.
- Today's upward move reflects a partial recovery amid broad gains in the semiconductor sector and ongoing investor debate over fair value estimates.