Valens is trading at $1.89, up 9.25% in pre-market; no verified company-specific reason was found.
- Valens’s investor-relations page lists its onsemi collaboration announcement dated September 22, 2026, and no new October 12 announcement.
- Search results surfaced the collaboration again on October 11, but described the September agreement.
- Supplied market indicators show only modest gains and do not clearly explain Valens’s sharp pre-market move.