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Why Atomera Stock Blasted Nearly 22% Higher Today

TheMotleyFool

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Why Atomera Stock Blasted Nearly 22% Higher TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/ec495607-1e17-40ee-a41d-7726313a9707.png

The stock of semiconductor materials maker Atomera (NASDAQ: ATOM) was quite the outperformer on Thursday, closing the day almost 22% higher. This followed news of a somewhat vague yet very promising business announcement made by the company after market hours on Wednesday.

In a fairly terse press release, Atomera said that it has signed a joint development agreement with "a major semiconductor foundry" that it did not identify.

Image source: Getty Images.

Source Fool.com

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