STOCKS TELEGRAPH

Tag: NASDAQ:AEHR

  • Aehr Test Systems’ Stock Climbs Following AI Customer Order

    Aehr Test Systems’ Stock Climbs Following AI Customer Order

    Today, Aehr Test Systems, Inc. (NASDAQ: AEHR) reported that it has secured a multi-million dollar contract, marking a significant milestone in its strategic growth. The news is significantly propelling the AEHR stock on the US stock charts, up 16.31% to $13.41 as of the most recent check.

    First AI Customer Order

    The contract marks Aehr Test Systems’ first artificial intelligence (AI) customer order, which includes multiple high-power FOX-XP wafer-level test and burn-in systems, as well as several sets of Aehr Test’s proprietary WaferPak Contactors. This initial order, valued at over $10 million, is a significant leap forward for Aehr. The first system is set to ship immediately, with full delivery expected within 90 days.

    Technological and Commercial Breakthrough

    This order is not only a commercial success but also a technological breakthrough for Aehr Test Systems. For wafer-level testing and burn-in of AI processors, the customer has selected Aehr’s cutting-edge FOX-XP system after successful performance tests at the company’s Silicon Valley headquarters. In comparison to conventional techniques, the company’s patented solutions enable effective and scalable production testing, providing higher yields and lower costs.

    Wafer-Level Testing Benefits

    The FOX-XP multi-wafer test and burn-in equipment from Aehr provides the previously unheard-of capability of doing wafer-level production testing and burn-in for high-power devices such as AI accelerators. This system provides thermal control and thousands of watts of power per wafer, ensuring precise voltage and current delivery.

    It can also operate at temperatures up to 150°C, allowing early life failures to be detected and eliminated before devices are integrated into modules. This process significantly enhances yield while offering substantial cost savings.

    With the successful demonstration of this system and the expected shipments in the current fiscal quarter, Aehr Test Systems is poised to further expand its market presence and solidify its leadership in the AI and semiconductor testing industries.

  • Aehr Test Systems Stock Rises in Pre-Market Following Impressive Earnings

    Aehr Test Systems Stock Rises in Pre-Market Following Impressive Earnings

    Following the release of its earnings report, Aehr Test Systems, Inc. (NASDAQ: AEHR) shares are seeing a notable increase on the US stock charts. The first quarter of the company’s fiscal 2025, which concluded on August 30, 2024, had significant growth. As a consequence, the price of AEHR stock increased; as of the most recent pre-market check, its shares were trading at $14.81, indicating a noteworthy increase of 11.19%.

    Together with $13.1 million in revenue, the firm recorded non-GAAP net income of $0.7 million, or $0.02 per diluted share. The fact that this result exceeded most experts’ expectations indicates that the fiscal year is off to a terrific start.

    Strategic Market Expansion

    In the upcoming year, Aehr Test Systems expects that its whole wafer contactors and silicon carbide wafer-level burn-in test systems will continue to be key sources of income. The business is deliberately entering emerging industries with its test and burn-in products, such as those for flash memory, hard disk drive components, gallium nitride power semiconductors, and artificial intelligence processors.

    Aehr has also seen a stability in the discourse around the silicon carbide power semiconductor industry, especially with the growing use of integrated modules including silicon carbide MOSFETs by electric vehicle (EV) makers. The objective of this change is to improve industry power efficiency and cost-effectiveness.

    Enhanced Testing Efficiency

    The necessity for comprehensive testing and burn-in processes for these devices is paramount, especially for mission-critical applications such as EVs. Conducting screening at the wafer level before module integration—often comprising 32 or more devices—has become increasingly beneficial.

    Strong Demand for WaferPak Products

    Additionally, Aehr continues to witness robust demand for its FOX WaferPak™ full wafer contactors, fueled by a record number of new device designs initiated in the previous quarter. These developments are expected to generate further WaferPak purchases for engineering qualification and volume production orders as designs progress.

    The company recorded over $12 million in revenue from WaferPak sales during the first quarter, reflecting its strong market position. With an array of customer engagements and emerging market opportunities, Aehr Test Systems maintains a positive outlook for revenue growth and profitability throughout the fiscal year.

  • Aehr Test Systems Stock Gains Momentum After Acquisition Disclosure

    Aehr Test Systems Stock Gains Momentum After Acquisition Disclosure

    Following the announcement of a strategic acquisition on Tuesday, shares of Aehr Test Systems (NASDAQ: AEHR) displayed robust performance on the US stock charts. As of the latest check during the after-hours session, AEHR stock had surged by 13.42%, reaching $19.10, after already experiencing a 2.50% rise during the regular trading session, closing at $16.84.

    Details of the Acquisition

    Aehr Test Systems signed a stock purchase agreement to buy all of Incal Technology, Inc.’s outstanding capital shares. The acquisition deal, valued at $21 million, consists of $14 million in cash and 552,355 shares of Aehr common stock priced at $12.673 per share.

    This strategic acquisition will enable Aehr to enhance its product portfolio with Incal’s highly regarded test solutions, particularly their ultra-high-power capabilities essential for AI accelerators, GPUs, and high-performance computing (HPC) processors.

    Strategic Market Positioning

    This move transforms Aehr into a turn-key provider, offering comprehensive reliability and testing solutions from engineering stages to high-volume production. The artificial intelligence semiconductor market, still in its nascent stages, presents significant opportunities for Aehr Test Systems.

    Their new high-power FOX multi-wafer production system is particularly poised to address the wafer-level burn-in requirements of this sector. Furthermore, the unique challenges associated with testing high-power AI processors necessitate extensive engineering qualification and process development, presenting a substantial new opportunity for production reliability screening at the packaged part level.

    Technological and Commercial Advantages for AEHR

    Incal’s ultra-high-power solutions offer notable technological and commercial benefits over existing alternatives, allowing Aehr Test Systems to potentially secure a larger share of the AI semiconductor test market. Additionally, Incal’s close relationships and deep understanding of the needs of AI industry leaders position Aehr favorably within the market.

    Incal’s systems are currently being deployed by a diverse range of companies and their subcontract manufacturing and test houses for reliability testing of AI, GPU, network, and HPC processors. Many of these companies are anticipating a shift towards high-volume, production-level burn-in of these devices, further highlighting the significance of this acquisition for Aehr Test Systems.

  • AEHR Stock Is Trading Higher In Premarket Session Today, Why?

    AEHR Stock Is Trading Higher In Premarket Session Today, Why?

    At last check, shares of Aehr Test Systems (AEHR) were rising 7.82% to $6.89 in pre-market trading. AEHR stock closed last session at $6.39, up 87.94% from the previous day. In the last 50 days, AEHR stock has averaged 4.83 million shares per day, but recorded 139.7 million of volume in the Monday session. AEHR stock surges after a significant order is secured.

    What order did AEHR receive?

    Aehr Test Systems provides systems to burn-in and test integrated circuits, memory chips, optical chips, and optical sensors on a worldwide basis. There are more than 2,500 AEHR systems in operation worldwide. In addition to the FOX WaferPakTM Aligner, FOX WaferPakTM Contactor, FOX DiePak Carrier, and FOX DiePak Loader, AEHR has developed and introduced various innovative testing and burn-in products.

    With AEHR’s WaferPak contactors, IC manufacturers can test and burn-in full wafers up to 300 mm using AEHR’s FOX systems for testing. In order to perform cost-effective final testing and burn-in of bare dies and modules, AEHR developed the DiePak Carrier, which is a disposable, reusable package.

    One of Aehr Test’s lead silicon carbide test and burn-in customers has placed a $10.8 million order for multiple FOX-XP systems.

    • Additionally, the order includes AEHR’s full sets of WaferPak Contactors to support their growing production capacity requirements.
    • AEHR’s customer is an automotive semiconductor device supplier that is ranked among the Fortune 500.
    • As soon as six months from now, AEHR expects to ship those FOX systems and WaferPaks.
    • With this FOX-XP silicon carbide system, eighteen silicon carbide wafers can be tested simultaneously in the footprint of a typical single wafer test solution with 100% of the devices being tested simultaneously, on every wafer.
    • In addition to testing 100mm and 150mm silicon carbide wafers, the AEHR system can also test 200mm wafers expected in the near future.
    • All WaferPak Contactors, WaferPak Aligners, and Test Systems are integrated into one system from AEHR.
    • A number of additional FOX systems and WaferPak Contactors will be ordered by this customer in the current fiscal year, and this customer expects to place a significant number of systems and WaferPaks over the next few years due to the demand for electronic vehicles.

    What does this order mean for AEHR?

    In order to meet the customer’s test requirements, AEHR worked closely with this customer to obtain additional FOX-XP systems and WaferPaks. The order verifies AEHR’s FOX-P platform and WaferPak full wafer contactors as production-qualified. AEHR stock seems to be continuing the rally it has started after posting encouraging quarterly results last week.

  • What Is Driving The AEHR Stock Up 22% Premarket?

    At last check, shares of worldwide supplier of semiconductor test and reliability qualification equipment, Aehr Test Systems (AEHR) were trading for $3.44, up 22.42% in premarket session today. As of Thursday’s close, AEHR stock was down -0.71% at $2.81. Over the past 50 days, volumes of AEHR stock were 1.68 million shares, which was higher than the 0.5 million share traded on the day.

    Within the past week, AEHR shares have gained 18.57%, and were up 36.07 percent over the last 12 months. AEHR stock has gained 30.09% in the recent three months, while losing 24.89% in the recent six months. AEHR is currently valued at 57.75 million dollars; its outstanding shares are 23.52 million. AEHR stock rose after its quarterly results were released with encouraging revenue results.

    Is there something unique about AEHR?

    Aehr Test Systems, based in Fremont, California, manufactures and sells test systems that are used to burn-in and test logic, optical and memory integrated circuits. Aehr Test Systems has provided over 2,500 systems worldwide.

    Automobile and mobility markets’ quality and reliability requirements are driving more test requirements, increased testing needs, and new opportunities for AEHR products at the package, wafer, and module levels. AEHR has developed numerous innovative products, including the ABTS and FOX-P families of test and burn-in systems and the FOX DiePak Carrier, FOX DiePak Loader and FOX WaferPak Aligner.

    Aehr Test yesterday reported its fourth quarter and fiscal 2021 full year results ended May 31, 2021.

    Quarterly financial results:

    • AEHR’s net sales reached $7.6 million in the reported quarter, up 102% over the corresponding quarter last year.
    • Compared with a GAAP net loss of $2.9 million, or $0.13 per diluted share in Q4 2020, the net income posted by AEHR in Q4 2021 is $567,000, or $0.02 per diluted share.
    • Non-GAAP net income posted AEHR was $870,000, or $0.04 per diluted share, excluding stock-based compensation. The previous year’s non-GAAP net loss was $720,000, or $0.03 per diluted share.
    • The quarter’s bookings were $5.5 million, 113% more than the previous year quarter.
    • By May 31, 2021, there were $1.6 million in backlog.
    • Fiscal Year Financial Results:
    • In fiscal 2020, net sales posted by AEHR were $22.3 million, while in fiscal 2021 they were $16.6 million.
    • Compared with a GAAP net loss of $2.8 million, or $0.12 per diluted share, AEHR had a GAAP net loss of $2.0 million, or $0.09 per diluted share.
    • An non-GAAP net loss of $3.3 million, or $0.14 per diluted share, was reported by AEHR in comparison to an non-GAAP net loss of $27,000, or $0.00 per diluted share.

    How AEHR sees it performance?

    This year’s fiscal fourth quarter marks a return to pre-pandemic revenue and operating profit levels for AEHR. It was encouraging to see AEHR’s customer demand increase during the third quarter following the production ramp delays and pushouts it experienced during the previous year. To date, AEHR has booked $5.4 million in bookings for fiscal 2022 and has an effective backlog of $7 million.

  • Here is why Aehr Test Systems (AEHR) stock soared in the after-hours on Thursday?

    Here is why Aehr Test Systems (AEHR) stock soared in the after-hours on Thursday?

    Aehr Test Systems (AEHR) shares soared 15.61% in after-hours on Thursday, July 8, 2021, and closed the trading at $2.74 per share. Earlier in the morning session, AEHR’s stock lost 2.47% to close Thursday’s normal trading session at $2.37 per share. AEHR shares have risen 22.16% over the last 12 months, and they have moved down 14.13% in the past week. Over the past three months, the stock has lost 10.90%, while over the past six months, it has declined 4.05%.

    Let’s discuss AEHR recent news and developments.

    Upcoming financial result announcement

    Aehr Test Systems will announce financial results for its fiscal 2021 fourth quarter and full-year ended May 31, 2021, on Thursday, July 15, 2021, following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.

    New recent expanded Order for FOX-XP™ System

    On July 08, 2021, Aehr Test Systems received a $2.9 million follow-on order for a FOX-XP™ Wafer Level Test and Burn-in system and multiple WaferPak™ Contactors from its lead silicon carbide customer to provide additional capacity for production test and burn-in of the customer’s line of silicon carbide devices. This system is expected to ship during Aehr’s current fiscal first quarter ending August 31, 2021.

    New order for WaferPak™ Contactors

    On June 29, 2021, Aehr Test Systems received orders totalling $1.4 million for WaferPak™ Contactors from its lead silicon carbide customer for production test and burn-in of the customer’s line of silicon carbide devices. The orders include additional WaferPaks to meet the production capacity of previously designed and qualified WaferPaks as well as another new silicon carbide design win.

    Participation in the recent investor conferences

    Aehr Test Systems recently participated in the 13th Annual CEO Summit, which held virtually on June 15, 2021. The company was presented by President and CEO Gayn Erickson and CFO Ken Spink.

    The company also took part in the 18th Annual Craig-Hallum Institutional Investor Virtual Conference which held on Wednesday, June 2, 2021. Aehr Test President and CEO Gayn Erickson and CFO Ken Spink had virtual meetings with investors throughout the day.

    Follow-on Order for FOX-XP™ System 

    On June 01, 2021, Aehr Test Systems said that it received and shipped a follow-on order totalling more than $2.3 million from its lead silicon carbide customer for a FOX-XP Wafer Level Test and Burn-in system for high volume production test and burn-in of the customer’s line of silicon carbide devices. This system shipped during Aehr’s fiscal fourth quarter that ended May 31, 2021.

    New board member

    Aehr Test Systems appointed FaribaDanesh to its board of directors, effective May 10, 2021.

    Conclusion

    In our opinion, the recent FOX-XP™ System order was the reason behind its turnaround in the after-hours on Thursday and we are pretty confident that AEHR stock will close the week by continuing its surge on Friday as well.

  • What changed for these 49 stocks in Pre Market Session

    What changed for these 49 stocks in Pre Market Session

    Lizhi Inc. (LIZI) stock plunged -8.14% to $4.4 in the pre-market trading after reporting that it entered in-car audio collaboration with Xpeng Motors. The most recent rating by Citigroup, on February 18, 2020, is a Buy.
    American Airlines Group Inc. (NASDAQ: AAL) shares are trading up 4.72% at $16.85 at the time of writing. Company’s 52-week ranged between $8.25 to $30.78.
    FuelCell Energy Inc. (FCEL) is up more than 5.01% at $7.75 in pre-market hours Friday December 04, 2020. The firm recently declared the pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The stock had jumped over 1.93% to $7.38 in the last trading session.
    Before the trading started on December 04, 2020, AMC Entertainment Holdings Inc. (AMC) is up 5.51% to reach $3.83. It has been trading in a 52-week range of $1.95 to $8.78.
    Cinemark Holdings Inc. (CNK) stock soared 6.02% to $14.1 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Iterum Therapeutics plc (ITRM), a Biotechnology company, dropped about -3.8% at $0.809 in pre-market trading Friday.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 3.7% at $26.36 at the time of writing following its announcement extension of suspension of voyages. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Before the trading started on December 04, 2020, Jaguar Health Inc. (JAGX) is up 7.84% to reach $0.399. It has been trading in a 52-week range of $0.19 to $1.08.
    Transocean Ltd. (RIG), a Oil & Gas Drilling company, rose about 4.43% at $2.12 in pre-market trading Friday after declaring amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default.
    Novan Inc. (NOVN) stock soared 19.92% to $0.67 in the pre-market trading. The most recent rating by Piper Jaffray, on January 06, 2020, is a Neutral.
    Li Auto Inc. (LI) lost over -2.48% at $31.51 in pre-market trading Friday December 04, 2020 following declaration its pricing of follow-on public offering of American depositary shares.
    Southwestern Energy Company (NYSE: SWN) shares are trading up 2.13% at $2.88 at the time of writing. Company’s 52-week ranged between $1.06 to $3.90. Analysts have a consensus price target of $2.40.
    Occidental Petroleum (OXY) is up more than 3.23% at $16.92 in pre-market hours Friday December 04, 2020. The company recently reported the release of its 2020 Climate Report, which provides a pathway detailing milestones to achieve its net-zero aspirations. The stock had jumped over 3.15% to $16.39 in the last trading session.
    Torchlight Energy Resources Inc. (TRCH) is up more than 6.9% at $0.48 in pre-market hours Friday December 04, 2020. The stock had jumped over 15.13% to $0.45 in the last trading session.
    TransGlobe Energy (TGA) grew over 2.82% at $0.659 in pre-market trading today following its agreement to merge, extend and modernize its eastern Desert concessions.
    Before the trading started on December 04, 2020, Catabasis Pharmaceuticals Inc. (CATB) is up 2.07% to reach $1.97. It has been trading in a 52-week range of $1.25 to $8.59.
    Inovio Pharmaceuticals Inc. (INO) stock moved up 8.07 percent to $13.53 in the pre-market trading after declaring the execution of an agreement with Kaneka Eurogentec S.A., for Eurogentec to manufacture INOVIO’s COVID-19 vaccine candidate INO-4800 at their industry-leading GMP plasmid production scales.
    Clovis Oncology Inc. (CLVS) is down more than -4.81% at $5.15 in pre-market hours Friday December 04, 2020. The stock had jumped over 11.09% to $5.41 in the last trading session.
    Cinedigm Corp. (CIDM) gained over 71.43% at $0.96 in pre-market trading Friday December 04, 2020 after reporting that its eight additional linear streaming channels are now Available on Rad’s fast-growing global streaming platform.
    Onconova Therapeutics Inc. (ONTX) stock plunged -1.9% to $0.3143 in the pre-market trading. The most recent rating by H.C. Wainwright, on March 01, 2018, is a Buy.
    Marvell Technology Group Ltd. (MRVL) stock plunged -5.1% to $43.2 in the pre-market trading after announcing a quarterly dividend of $0.06 per share of common stock payable on January 14, 2021 to shareholders of record as of December 23, 2020. The most recent rating by Craig Hallum, on October 30, 2020, is a Buy.
    QEP Resources Inc. (QEP) stock soared 5.0% to $2.1 in the pre-market trading. The most recent rating by JP Morgan, on July 20, 2020, is a Neutral.
    Arlo Technologies Inc. (NYSE: ARLO) shares are trading up 3.09% at $7.0 at the time of writing. The company recently revealed that Matthew McRae, CEO, and Gordon Mattingly, CFO, will present at the Raymond James Virtual Technology Investors Conference on Tuesday, December 8, 2020. Company’s 52-week ranged between $1.20 to $7.75. Analysts have a consensus price target of $6.
    Before the trading started on December 04, 2020, Nxt-ID Inc. (NXTD) is down -3.91% to reach $0.41. It has been trading in a 52-week range of $0.21 to $0.89.
    Halliburton Company (HAL) gained over 3.66% at $18.68 in pre-market trading Friday December 04, 2020 following its deal with Accenture (ACN), to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.
    United Microelectronics (UMC) stock soared 10.32% to $8.55 in the pre-market trading. The most recent rating by Credit Suisse, on October 12, 2020, is an Outperform.
    Before the trading started on December 04, 2020, Cloudera Inc. (CLDR) is up 14.85% to reach $13.3 after reporting results for its third quarter of fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $4.76 to $14.20.
    Before the trading started on December 04, 2020, Isoray Inc. (ISR) is down -4.92% to reach $0.47. It has been trading in a 52-week range of $0.35 to $1.06.
    iBio Inc. (AMEX: IBIO) shares are trading down -0.66% at $1.51 at the time of writing. The firm recently reported an agreement with Belgium-based ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. Company’s 52-week ranged between $0.14 to $7.45. Analysts have a consensus price target of $2.55.
    Centennial Resource Development Inc. (CDEV) stock soared 3.13% to $1.32 in the pre-market trading. The most recent rating by MKM Partners, on November 30, 2020, is a Neutral.
    BioCryst Pharmaceuticals Inc. (BCRX) is up more than 24.44% at $6.39 in pre-market hours Friday December 04, 2020 following the FDA Approval of ORLADEYO™ (berotralstat), First Oral, Once-daily Therapy to prevent attacks in Hereditary Angioedema patients. The stock had jumped over 1.88% to $5.14 in the last trading session.
    Borr Drilling Limited (BORR) is up more than 6.86% at $0.854 in pre-market hours Friday December 04, 2020. The stock had dropped over -1.78% to $0.80 in the last trading session.
    Before the trading started on December 04, 2020, Blink Charging Co. (BLNK) is up 4.14% to reach $23.64 after declaring an agreement with JSC Management Group, a large Burger King franchisee, to deploy numerous EV charging stations at key Burger King locations across the Northeast. It has been trading in a 52-week range of $1.25 to $34.67.
    Banco Santander S.A. (SAN) grew over 3.74% at $3.33 in pre-market trading today.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 2.98% at $8.3 at the time of writing. Company’s 52-week ranged between $2.17 to $17.45.
    InVivo Therapeutics Holdings Corp. (NVIV) lost over -4.67% at $0.6101 in pre-market trading Friday December 04, 2020.
    Aehr Test Systems (AEHR), a Semiconductor Equipment & Materials company, dropped about -8.74% at $1.88 in pre-market trading Friday after receiving $4.3 million order for initial FOX-XP™ test cell for production test of mobile sensor devices.
    ICICI Bank Limited (IBN) grew over 4.48% at $13.75 in pre-market trading today.
    NanoVibronix Inc. (NAOV) stock moved down -7.96 percent to $1.04 in the pre-market trading following the announcement of $6.0 million private placement.
    DocuSign Inc. (DOCU), a Software – Application company, rose about 4.43% at $241.25 in pre-market trading Friday.
    Dada Nexus Limited (DADA) is up more than 4.4% at $47.2 in pre-market hours Friday December 04, 2020 after reporting that Dada Now has partnered with dozens of cake chain brands across China, doubling the number of cooperating stores year-over-year as of November 2020. The stock had dropped over -15.65% to $45.21 in the last trading session.
    Salarius Pharmaceuticals Inc. (SLRX) stock moved up 1.85 percent to $1.1 in the pre-market trading.
    Auris Medical Holding Ltd. (NASDAQ: EARS) shares are trading down -3.23% at $3.3 at the time of writing after it pricing $8,000,000 common shares offering priced at-the-market. Company’s 52-week ranged between $0.65 to $6.60. Analysts have a consensus price target of $2.50.
    Acasti Pharma Inc. (ACST) lost over -2.94% at $0.33 in pre-market trading Friday December 04, 2020.
    Micro Focus International plc (MFGP) is up more than 6.3% at $6.07 in pre-market hours Friday December 04, 2020. The firm recently declared the findings of its ‘Endless Modernization’ research with Standish Group. The stock had jumped over 14.66% to $5.71 in the last trading session.
    BP p.l.c. (BP), a Oil & Gas Integrated company, rose about 4.54% at $22.33 in pre-market trading Friday.
    Tantech Holdings Ltd (NASDAQ: TANH) shares are trading up 4.27% at $1.71 at the time of writing after announcing the launch by its subsidiary, Shangchi Automobile Co., Ltd. (“Shangchi Automobile”), of its newest highly innovative driverless and autonomous street sweeper. Company’s 52-week ranged between $0.81 to $3.65.
    Trine Acquisition Corp. (TRNE) gained over 7.05% at $15.49 in pre-market trading Friday December 04, 2020.
    Enlivex Therapeutics Ltd. (ENLV) grew over 5.26% at $12.0 in pre-market trading today after reporting positive interim results of an investigator-initiated Phase II clinical trial evaluating AllocetraTM in severe and critical COVID-19 patients.