Shares of small cap GSI Technology Inc. a loss-making semiconductor company that has been attracting meme-like attention, fell 10.1% in premarket trades...
Shares of small cap GSI Technology Inc.
a loss-making semiconductor company that has been attracting meme-like attention, fell 10.1% in premarket trades Tuesday. The stock closed up 4.9% Monday at a new high of $5.34 on trading volume three times higher than the prior 30-day average, FactSet data show. Shares of GSI Technology skyrocketed 210.4% Friday. The stock is up 209% in 2023, outpacing the S&P 500 index’s SPX gain of 7.7%. With a market cap of $125.
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