M is trading at $18.88 (+4.3%) in pre-market, aligning with a broad market surge after a US-Iran ceasefire announcement eased Middle East tensions.
- Major indices are trading sharply higher, with the S&P 500 up 2.64% and the NASDAQ up 3.47%.
- The global rally is being led by futures, Asian markets, and semiconductor stocks, while energy prices have plunged following the de-escalation.