Aeluma, Inc. is trading at $23.68 (up 9.7%), rebounding after a sharp slide triggered by cooling enthusiasm over CHIPS Act-driven speculative gains.

  • The stock is recovering from a roughly 12% pullback from recent highs near $24 as investors weigh policy-driven momentum against company fundamentals.
  • Today’s price action appears to be a technical recovery bounce, as no new company-specific catalysts have been reported.
  • The move follows a period of high volatility where speculative interest in semiconductor-related policy initially drove the share price higher.