Security Matters is trading 7% up at $18.73 as the stock extends its sharp rebound from last week’s dilution-driven selloff.
- Sentiment continues to improve following news of amended equity financing terms, which has helped the price stabilize and recover from recent lows.
- Broader strength in the cryptocurrency market is providing an additional tailwind for crypto-related names, with Bitcoin up 1.3% and Ethereum gaining over 3% in the last 24 hours.