Netlist Surge Explained (NLST)

Shares in Netlist, Inc. NLST surged on rumors of a deal with Amazon AMZN.

At last check, shares of Netlist were up 37 cents to $2.70, a gain of just under 16%.

Netlist, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of memory subsystems for the server, computing, and communication markets in the United States and the People’s Republic of China.