ClearOne's SIC code reads telephone and telegraph apparatus, which is the right vocabulary for tonight: $CLRO is up 34.85% after hours and nothing was transmitted. An $11 million company, a one-million-share float, and the newest page on file is a July merger agreement with Vivani's Cortigent subsidiary that would rename the company Cortigent Holdings and swap the ticker, a document now 120 days old. Whatever moved it this evening is not dated today, because nothing is.
The history is the interesting part, because it does not lean the way the rest of tonight's scan leans. Twelve prior sessions in which this symbol opened 5% or more above its prior close: half closed above that open, 42% below, the remainder flat. Median open-to-close, a flat +0.62%. Mean, +12.11%. Read the distance between those two. A median near zero and a mean near twelve means the average is being carried by a small number of outsized sessions, and twelve is a sample where a single one of those rewrites the summary line.
So the honest read of this file is not "ClearOne runs." It is "ClearOne's typical gap morning went nowhere, and a few went somewhere large." Which of the two you are about to get is written nowhere, least of all in an average, and a one-million-share float does the rest of the deciding without consulting the mean either.