National Defense Authorization Act -- Trump's veto coincided with the MVIS reversal from the $9 range. Congress overrode his veto late Thursday. NDAA has $670m or so in funding for Microsoft's IVAS system for 2021 which relies on the Microvision display engine. Future years currently are requesting over $1b each of the next 3 years for the program.
Or if you are referring to us pulling back from $9 range -- you have to admit that run up was a bit sudden and extreme. Not too many people expected that to hold unless there was deal news. Wish I would have scalped some of my shares and bought back in the mid $5's but I didn't. Still expect this to consolidate and slowly move up and as we approach their automotive LiDAR milestone in April.
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