Sivers Semiconductors AB (publ) is trading 6.0% up today at $87.85 as investors continue to adjust valuations following the company's recently announced strategic collaboration with GlobalFoundries.
- The GlobalFoundries agreement remains the dominant catalyst for renewed market interest and the ongoing repricing of the stock.
- Today's move extends a week of extreme volatility, which included a 60.15% surge on June 2 followed by subsequent sharp pullbacks.