ClearOne is trading 5.43% up in after-hours trading at $3.30, but the catalyst for the rebound remains unclear.
- ClearOne closed the regular session at $3.13.
- The latest major company news is a Nasdaq delisting determination over the $2.5 million stockholders’ equity requirement. ClearOne planned to request a hearing by October 15; trading suspension was possible October 19 if it did not request one.
- The broader market was sharply lower on October 14 amid hotter-than-expected inflation, which does not clearly explain ClearOne’s gain.