STEM is trading 5.1% higher at $7.86 as the stock benefits from a broader risk-on tone in U.S. equities following stronger job openings data.
- The move comes despite a lack of company-specific catalysts, with the stock tracking gains in the NASDAQ Composite (+0.50%) and S&P 500.
- Investors are also navigating quarter-end flows, which are providing support to high-beta names like STEM.
- The stock previously closed at $7.48 on June 29, 2026.