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Movano Stock Soars 177% On Announcing All-Stock Merger With AI Cloud Firm Corvex
MovanoMovano(US:MOVE) RTTNews·2025-11-11 02:37

Movano Inc. (MOVE) jumped 176.62 percent to 13.19onMondayafterthecompanyannouncedanallstockmergerwithCorvex,anAIcloudcomputingfirmfocusedonGPUacceleratedinfrastructure.ThroughitsAmplifiedAICloudplatform,Corvexwillexpanditspushintolargescale,secureAIcomputingandgopublicasaresultofthedeal.Afterclosingat13.19 on Monday after the company announced an all-stock merger with Corvex, an AI cloud computing firm focused on GPU-accelerated infrastructure.Through its Amplified AI Cloud platform, Corvex will expand its push into large-scale, secure AI computing and go public as a result of the deal.After closing at 4.77, MOVE is now trading at 14.98.Sinceopeningat14.98. Since opening at 13.52, the stock has fluctuated between 10.76and10.76 and 21.23 today on the nasdaq. The trading volume jump ...