It is a busy Thursday for stock-specific catalysts. Memory-chip IP holder Netlist is the standout mover after Micron agreed to pay $600 million to license its patents and end years of litigation — a deal disclosed in an SEC filing that sent Netlist shares up about 18% on Tuesday and on to a new 52-week high above $7 on Thursday, according to MarketBeat.
Under the settlement, Micron gets a five-year license covering server DIMM and high-bandwidth-memory patents and will pay Netlist $30 million a quarter from the fourth quarter of 2026 through the third quarter of 2031. Netlist chief executive C.K. Hong said the agreement validates the value of the company's AI memory technologies.
Elsewhere in premarket trading, Option Care Health jumped about 24% on a report that McKesson and private equity firm Clayton Dubilier & Rice are nearing a buyout worth more than $5 billion including debt, and Constellation Energy rose more than 3% after Google and Constellation announced a 20-year nuclear power partnership backing 890 megawatts of new nuclear capacity — a $4.3 billion-plus investment tied to AI data-center demand.
On the downside, Nike slipped after Berenberg downgraded the stock to Sell and slashed its price target to $27.50 from $49. In disclosed insider filings, SentinelOne chief executive Tomer Weingarten sold 527,368 shares worth about $13.3 million under a pre-arranged trading plan, while six Arqit Quantum insiders sold a combined 4,717 shares.
This is a news roundup of disclosed market moves and filings — not investment advice. Prices move fast on deal headlines, and reported talks can still fall apart.
