— Why it moved
Why CLRO Stock Ran 50% Today — July 7, 2026
A conferencing-mic maker morphing into a brain-implant company, on an 851K-share float that turned over roughly 95 times in one session.
What moved it
ClearOne signed a definitive deal to acquire Cortigent, the neurostimulation developer spun out of Vivani Medical. The conferencing-hardware company will rebrand as Cortigent Holdings under a new ticker, CRGT. Headlines hit July 2 and the stock has climbed from around $3 since — today was the third straight up day.
The mechanics
The float is 851K shares. That's it. Any real buying moves this thing violently, and today the float turned over roughly 95 times. Not a squeeze either, short interest was about 3,500 shares.
Numbers
- Cap at the alert: ~$17M
- Prev close: $7.00, gapped +37% at the bell (premarket high $9.70)
- Day volume: 81M vs a 3.2M average
- 52w range: $2.71–$15.42 (today's high cleared it)
Where it ended up
Stock Pulse flagged it at 10:07 ET, $10.98. It ground higher for four hours — higher lows the whole way, no blow-off — topped $16.50 at 2:27 PM (+50.3% from the alert, a fresh 52-week high), then gave a chunk back into the close at $13.71. Still +96% on the day, but about 17% off the top, and the fade took back roughly half of the alert-to-peak move.
Reality check
- Vivani takes ~59–68% of the combined company. Legacy holders end up with roughly 13–14%.
- A $10–15M S-1 raise comes with the closing. More dilution.
- Day three of the run, RSI was 82 at the alert. The fade wasn't bad luck, it was the base case. This is a recap of why it moved, not a reason to touch it.