24/7 Market News Snapshot 24 October, 2025 – SEALSQ Corp Ordinary Shares (NASDAQ:LAES)
DENVER, Colo., 24 October, 2025 (www.247marketnews.com) – (NASDAQ:LAES) are discussed in this article.
SEALSQ Corp (NASDAQ:LAES) has marked a historic achievement with its recent uplisting to the NASDAQ Global Select Market, effective October 27, 2025. This transition from the NASDAQ Capital Market highlights the company’s ongoing operational advancements and stringent compliance with NASDAQ’s high standards for financial and governance practices. With this significant development, SEALSQ underscores its credibility as a leading provider of semiconductor and post-quantum technology solutions, charting a course for continued growth and innovation.
As of the latest trading session, SEALSQ opened at $5.92, demonstrating a remarkable increase to $6.842, reflecting a substantial jump of approximately 19.62% from the previous close of $5.720. This surge is evidenced by a trading volume of 45.06 million shares, indicative of strong investor interest and bullish sentiment surrounding the stock. Technical analyses suggest that support is forming around the $6.00 level, with resistance potentially nearing $7.00. A sustained upward momentum could position LAES for further gains in the near term, contingent upon continued volume trends.
The company has also achieved a significant milestone by surpassing a market capitalization of $1 billion, reflecting its strategic trajectory and technological leadership within the constantly evolving landscape of digital trust and security. CEO Carlos Moreira emphasized that this uplisting represents a pivotal moment for SEALSQ, solidifying its role in developing secure silicon and post-quantum cryptography solutions across critical sectors, including IoT, automotive, industrial, and defense.
With a robust cash position of approximately $450 million, SEALSQ is well-prepared to expand its semiconductor manufacturing capabilities and enhance its market presence globally. The company’s commitment to a “Made in USA” strategy further illustrates its dedication to enhancing cybersecurity infrastructure through locally developed post-quantum cryptographic devices, positioning SEALSQ as a leader in innovation for a secure digital future.
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