The photonics company's stock has surged more than 70% this week on speculation it may land a major hyperscaler partner, indicating a strong momentum-driven rally. Short sellers are warning that the setup could create a "tax nightmare," adding a bearish counterpoint to the hype. The move appears driven more by positioning and AI-related partnership speculation than by confirmed fundamentals.
The photonics company's stock has surged more than 70% this week on speculation it may land a major hyperscaler partner, indicating a strong momentum-driven rally. Short sellers are warning that the setup could create a "tax nightmare," adding a bearish counterpoint to the hype. The move appears driven more by positioning and AI-related partnership speculation than by confirmed fundamentals.
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0.15
