🔴 Everspin Technologies is trading 5.2% down today extending a multi-day pullback following short-seller criticism

Everspin Technologies is trading 5.2% down today at $15.31, extending a multi-day pullback from its recent AI- and defense-contract-driven rally.

• The decline follows prior short-seller criticism from Kerrisdale Capital and profit-taking after significant recent gains.
• Broader semiconductor sector weakness is weighing on the stock as investors re-evaluate valuations and MRAM’s limited direct AI exposure.