MRAM/short
Everspin has no MRAM monopoly, weak margins, and big-chip competition — the stock has already lost 66% and the thesis says it was never worth the hype.
From $51.50 --> $17.68, -66% drop. $MRAM
Peak-
P Equity Research victory-lap's their prior MRAM short call, flagging the -66% collapse from $51.50 to $17.68 as vindication that Everspin had no monopoly, low margins, and real competition from TSMC and UMC.
originalFrom $51.50 --> $17.68, -66% drop. $MRAM