GSI Technology stock rises almost 4% premarket

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Shares of GSI Technology Inc. rose 3.9% premarket, after ending Friday’s session down 1.2%. The loss-making semiconductor company has been attracting...

Shares of GSI Technology Inc.

rose 3.9% premarket, after ending Friday’s session down 1.2%. The loss-making semiconductor company has been attracting meme-like attention recently and its stock has risen 190.7% in the last three months. In May GSI Technology reported a fourth-quarter net loss of $4 million, compared with a net loss of $3 million in the same period last year. GSI Technology has reported a net loss for more than a dozen straight quarters.

rose 3.9% premarket, after ending Friday’s session down 1.2%. The loss-making semiconductor company has been attracting meme-like attention recently and its stock has risen 190.7% in the last three months. In May GSI Technology reported a fourth-quarter net loss of $4 million, compared with a net loss of $3 million in the same period last year. GSI Technology has reported a net loss for more than a dozen straight quarters.

 

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