Monolithic Power Systems Inc is trading 4% up today at $1622.13 as shares rebound following a sharp drop tied to accounting restatement concerns and insider-selling overhang.
- The company announced on June 8, 2026, it would restate 2024 and 2025 financials due to a $195 million non-cash deferred tax error.
- Investors appear to be bargain hunting as broader technology sentiment improves following the recent selloff.