ATOM Stock Price Increases Over 10% Pre-Market: Why It Happened

By Amit Chowdhry ● March 2, 2021
  • The stock price of Atomera Incorporated (NASDAQ: ATOM) has increased by over 10% pre-market. This is why it happened.

The stock price of Atomera Incorporated (NASDAQ: ATOM) – a semiconductor materials and technology licensing company – has increased by over 10% pre-market. Investors appear to be responding to the company announcing it has advanced its previously announced JDA customer to the fourth phase of its customer engagement process, indicating that Atomera has delivered its MST IP transfer package in accordance with JDA contract.

With this advancement, the JDA customer had become the first Atomera customer to enter the fourth phase of the six-phase engagement process, which culminates in commercialization of MST-enabled wafers. And Atomera currently has 25 engagements in its customer pipeline, consisting of nine in phase one, 15 in phase three, and one in phase four.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.