MULL is trading 37.3% up today as its tech-heavy portfolio benefits from a broad rebound in information technology shares, particularly AI-related semiconductors.
- Micron’s blowout earnings and positive AI demand outlook overnight sent chip stocks and Nasdaq futures sharply higher, reversing much of this week's sector selloff.
- This sector-wide risk-on move is the dominant driver of the intraday gain as the entire tech sector opens higher on renewed investor confidence.