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Why is NLST up 12.48%?
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NLST:OTCMKTS
Netlist Inc
$6.36
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+12.48%(+0.70) 1D
Oct 6, 10:49:53 AM GMT-4 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for NLST...
Open
$6.68
High
$6.85
Low
$6.14
Mkt. cap
2.22B
Avg. vol.
2.25M
Volume
3.89M
52-wk high
$7.00
52-wk low
$0.45
EPS
-$0.00
Beta
1.50
Shares outstanding
349.58M
No. of employees
69
Open
$6.68
High
$6.85
Low
$6.14
Mkt. cap
2.22B
Avg. vol.
2.25M
Volume
3.89M
52-wk high
$7.00
52-wk low
$0.45
EPS
-$0.00
Beta
1.50
Shares outstanding
349.58M
No. of employees
69
News stories
From web sources and news partners
Moomoo
·
36 minutes ago
U.S. Stock Market Movements | Netlist (NLST.US) Surges 18% at One Point; Micron (MU.US) Spends $600 Million on Five-Year Patent License and Settles Lawsuit
Reuters
·
1 hour ago
Micron enters $600 million settlement of Netlist patent dispute
Seeking Alpha
·
1 hour ago
Netlist surges as Micron agrees to pay $600M for five-year license agreement
The Motley Fool
·
1 hour ago
The Only 2 Artificial Intelligence (AI) Stocks I'd Buy With $1,000 Today and Never Sell
Profile
Netlist, Inc. is a Delaware-registered corporation headquartered in Irvine, California that designs and sells high-performance SSDs and modular memory subsystems to enterprise customers in diverse industries. It also manufactures a line of specialty and legacy memory products to storage customers, appliance customers, system builders and cloud and datacenter customers. Netlist holds a portfolio of patents in the areas of server memory, hybrid memory, storage class memory, rank multiplication and load reduction. Netlist has more than 120 employees and an annual revenue of US$142.4 million as of 2021 The stock was added to NASDAQ in late 2006. In the initial public offering of its common stock in 2006, Netlist sold 6,250,000 shares at $7.00 each. On September 26, 2018, Netlist announced they were moving from NASDAQ and currently trades on the OTCQB.
As of 2019, Netlist was reportedly in favorable claim for patents infringed upon by Google and South Korean Company, SK Hynix. The company, founded by former LG Corporation employee Hong Chun-ki in 2000, entered a product supply and technological joint development agreement with Samsung Electronics in 2015. Wikipedia
About Netlist Inc
CEO-
Employees69
Founded2000
HeadquartersIrvine, California, United States
SectorElectronics manufacturing services
Websitenetlist.com