NioCorp is trading 5.7% up at $4.08, extending a rebound driven by renewed strength in the cryptocurrency market and a broader risk-on sentiment across U.S. equities.
- The stock is benefiting from significant gains in major cryptocurrencies like Bitcoin and Ethereum, which typically bolster sentiment for crypto-linked equities.
- Broader market conditions are providing additional support, with the Nasdaq jumping over 2% as investors pivot back toward growth and risk-on assets.