~7 min read · 1,685 words ·
confidence 85%
LWLG Stock Price History — Multi-Year with Catalyst Annotations
As of: 2026-04-27 (last close 2026-04-24 = $12.67) Ticker: LWLG (NASDAQ Capital Market) Confidence: ✓ price levels primary (stockanalysis.com, Yahoo Finance, lwlg.html); ◐ exact intraday data for non-key days
Headline numbers (snapshot as of Apr 24, 2026 close)
| Metric | Value |
|---|---|
| Last close | $12.67 (Apr 24, 2026) |
| Intraday range Apr 24 | $11.90 – $13.96 |
| Apr 24 volume | 11,013,661 (~1.36× 20-day avg) |
| After-hours Apr 24 | $12.70 (+0.28% AH) |
| 52-week range | $0.82 – $15.29 |
| All-time high (close) | $19.56 (Dec 10, 2021) |
| All-time intraday high | $15.29 (Apr 22, 2026) — new ATH on Marvell-Polariton + Blum keynote |
| Market cap (Apr 24) | ~$1.91B |
| 50-day MA | $7.38 |
| 200-day MA | $4.59 |
| 1-year return | +1,339% (per stockanalysis.com) |
| 20-day avg volume | ~8.47M shares |
| Beta (5Y) | 2.77 |
| Float | 148.28M shares |
| Shares outstanding | 150.61M (record date Apr 6, 2026) |
Multi-year annual high/low/close summary (LWLG)
| Year | High | Low | YE Close | YoY % | Catalyst notes |
|---|---|---|---|---|---|
| 2020 | ~$13.40 | ~$2.50 | ~$11.21 | +355% | COVID rotation into deep-tech/photonics; Polariton partnership origination |
| 2021 | $19.56 (ATH) | ~$5.85 | ~$8.50 | -24% | Dec 10, 2021 ATH on retail meme momentum + Lincoln Park $33M agreement; subsequent rate-cycle compression |
| 2022 | ~$8.90 | ~$3.20 | ~$3.65 | -57% | Roth ATM original sales agreement (Dec 9, 2022); rising-rate de-rating of long-duration small-caps |
| 2023 | ~$5.50 | ~$2.05 | ~$3.10 | -15% | OFC/ECOC continued progress; flat capital-markets year |
| 2024 | ~$3.30 | ~$0.82 | ~$1.50 | -52% | 52-week low $0.82 during summer 2024 (going-concern fears); LeMaitre joins Board (Jul 2024); Lebby retires/LeMaitre CEO (Dec 11, 2024) |
| 2025 | ~$5.50 | ~$1.10 | ~$3.10 | +107% | Recovery year under LeMaitre; Telcordia 1000h Jul 15 breakthrough; Q2 restatement noise (filed Aug 2025); Dec 15 Titan Partners offering @ $3.00 |
| 2026 (YTD) | $15.29 (Apr 22) | ~$3.10 | $12.67 (Apr 24) | +309% YTD | Tower deal Mar 11; Polariton-Marvell Apr 22; best 4-month return in company history |
Read on the multi-year pattern:
- Dec 2021 high → Aug 2024 low: -95.8% drawdown over 32 months (the LWLG “winter”)
- Aug 2024 low → Apr 2026 high: +1,762% rally in 20 months (the “spring”)
- Apr 22 ATH was 24% below the Dec 2021 ATH ($15.29 vs $19.56 close). On a market-cap basis Apr 22 is higher than Dec 2021 because share count grew from ~115M to 150.61M
- The 2024 low at $0.82 means risk of NASDAQ minimum bid notice — never formally triggered (price closed >$1 weekly), but a near-miss
Key inflection points — annotated
2024-12-11 — LeMaitre CEO appointment
- Pre-event price: Dec 10, 2024 close ~$1.45
- Event: Dec 10 8-K (after market close) announcing Lebby retirement, LeMaitre as CEO, Zelibor as President; LeMaitre package $420K base + 50K RSAs + 150K options
- Post-event: Dec 11 close ~$1.55-1.65 (modest reaction); broader pattern was a slow base-build rather than a single-day move
- Read: Market was skeptical of leadership change at the time given LWLG’s $0.82 mid-year low; LeMaitre’s 30-year industry pedigree only became visible in retrospect
2025-07-15 — Telcordia 1000h reliability breakthrough
- Pre-event price: Jul 14, 2025 close ~$1.85
- Event: Press release announcing Perkinamine polymer passed Telcordia GR-468 85/85 test with 1.6% loss after 1,000 hours; fourth-gen ALD encapsulation oxygen transmission rate 1.4×10⁻⁶ g/m²/day (vs 7×10⁻⁶ “gold-box” standard)
- Post-event: Jul 15 ramped intraday; subsequent week 4-day cumulative move ~+25%
- Read: First technical de-risking event under LeMaitre — moved polymer reliability narrative from “credible claim” to “Telcordia-passed fact.” Catalyzed institutional re-engagement
2025-12-15 — Titan Partners $35M public offering @ $3.00
- Pre-event price: Dec 12 close ~$3.65
- Event: Pricing of 11,666,667 shares @ $3.00 + 1.75M greenshoe; sole bookrunner Titan Partners (NOT Roth as some seed corpora claimed)
- Post-event: Dec 15-31 traded $2.85-3.20 — clean digestion at offering price
- Read: Demand-tested at $3.00 with no overhang collapse; cash position lifted to ~$69M YE 2025
2026-02-24 — Fourth Stage-3 Customer disclosed
- Pre-event price: Feb 23 close ~$3.55
- Event: Press release: 4 Fortune Global 500 customers in Stage 3 (prototype-to-product); ~15 engagements in Stages 1-2
- Post-event: Feb 24-26 moved to ~$4.20 (+18%)
- Read: First quantitative disclosure of the customer pipeline — institutional pricing model anchor changed
2026-03-11 — Tower Semiconductor PH18 development agreement
- Pre-event price: Mar 10 close $4.36
- Event: Press release announcing development agreement with Tower for high-speed modulators on PH18 silicon-photonics platform; targeting 110GHz+ bandwidth; modulator reference designs integrated into PH18 PDK
- Same-day: Mar 11 close $5.02 (+15.14%); after-hours $6.52
- Mar 12: Close $7.08 (+41.04%) — single-largest 1-day pct move in modern LWLG history
- Read: Largest single ecosystem catalyst pre-Marvell — embedded LWLG into a real foundry PDK on a credible AI-optics platform (PH18 used by Marvell, Broadcom, Juniper, Xscape)
2026-03-12 → 2026-04-21 — Sustained breakout phase
| Date | Close | Notable |
|---|---|---|
| 2026-03-12 | $7.08 | +41.04% Tower follow-through |
| 2026-03-16 | ~$7.50 | GDSFactory PDK / GlobalFoundries integration disclosed |
| 2026-03-31 | ~$8.00 | Director RSU settlement cycle |
| 2026-04-06 | $8.91 | New 52w high; Form 4 cluster |
| 2026-04-13 | $11.87 | New 52w high |
| 2026-04-14 | $12.22 | New 52w high |
| 2026-04-15 | $12.36 | New 52w high |
| 2026-04-16 | $12.64 | New 52w high |
| 2026-04-17 | $13.30 | New 52w high |
| 2026-04-20 | $14.18 | +13.08% intraday ATH $14.52; Roth ATM amendment 8-K hit later that day |
| 2026-04-21 | $12.91 | Pullback on ATM amendment ($51.4M shelf) |
2026-04-22 — Marvell acquires Polariton
- Pre-event: Apr 21 close $12.91
- Event: Marvell announces definitive agreement to acquire Polariton Technologies (LWLG’s named plasmonics co-development partner). Sandeep Bharathi (Marvell President Data Center Group) framed deal as “Advancing Optical Performance Scaling to 3.2T and Beyond.” Terms undisclosed; tuck-in shape (no Murphy quote → likely <$500M).
- Same-day: Apr 22 close $15.17 (+17.47%) on all-time high intraday $15.29
- LeMaitre LinkedIn (~Apr 22-23): “we are looking forward to continuing our partnership and bringing plasmonics even faster to the market”
- Reddit reaction: +62 score thread on r/LWLG (per seed corpus)
- Read: Vertical pull-through into Marvell’s optical roadmap. The plasmonic modulator that uses LWLG polymer is now owned by the largest SiPh-optics supplier and the top-probability Stage-3 Customer #1 candidate
2026-04-23 → 2026-04-24 — Profit-taking sequence
| Date | Close | Pct | Volume | Notable |
|---|---|---|---|---|
| 2026-04-23 | $13.60 | -10.29% | 9.98M | Blow-off / RSI-overbought distribution; Fri AH +2.87% to $13.99 |
| 2026-04-24 | $12.67 | -6.88% | 11.01M | Range $11.90-13.96; AH $12.70 +0.28% |
- Cumulative drawdown from Apr 22 ATH close: -16.5% in two sessions
- No adverse company-specific news catalyst identified
- Corporate silence on Polariton acquisition: as of Apr 26 weekend, no LWLG 8-K filed in response (96h+ silence); last LWLG 8-K remains Apr 21 ATM amendment; last LWLG press release Apr 14 (Annual Meeting scheduling)
- Read: Classic momentum-trader exit after parabolic two-day move (+34.5% Apr 20 + Apr 22 combined). RSI deeply overbought; ATM amendment provided trader-pretext to take profits. Thesis-level pricing intact
Sentiment + analyst coverage
| Source | Position | Note |
|---|---|---|
| Wall Street consensus PT | $2.71 | Absurdly stale — below market by ~78%; coverage is thin (1-2 analysts) |
| Weiss Ratings | Sell (E+) | Quant model; not thesis-aware |
| InvestingPro fair value | Below market | Quant model; not thesis-aware |
| TipRanks momentum | Cooling | Apr 23-24 “Stock Stumbles After Momentum Frenzy” |
| AAII pickups | Generic momentum-fade pieces Apr 24 | Not thesis-driven |
Note: Sell-side coverage on LWLG is structurally thin because no underwriter is contractually obligated to maintain coverage. Roth Capital is the ATM agent but has no banking-deal obligation to cover. Titan Partners (Dec 2025 underwriter) is the most likely future initiator of formal coverage but has not yet published.
Volume profile
| Period | Avg daily volume |
|---|---|
| 2024 H2 (low era) | ~600-900K |
| 2025 H1 | ~1-2M |
| 2025 H2 | ~2-3M |
| 2026 Q1 | ~3-5M |
| 2026 Q2 (Apr) | ~8.5M (20-day) |
Volume scaled ~10× from 2024 baseline → 2026 Q2 — consistent with institutional rotation into the name (per 13F data: Davidson Kempner, Citadel, Alyeska, Marshall Wace adding in late 2025).
Key dates ahead (2026)
| Date | Event |
|---|---|
| 2026-05-08 | Q1 2026 earnings (estimated; first formal LWLG forum to address Polariton change-of-control on supply contract) |
| 2026-05-15 | Q1 2026 13F filing deadline (full institutional view emerges) |
| 2026-05-21 | Annual Meeting (virtual) — 2 director seats + auditor ratification |
| 2026-05 (mid) | FINRA short-interest Apr 30 settlement disseminated (will reveal full Apr 1-30 short flow incl. ATH sessions) |
| 2026-Q3-Q4 | Tower PH18 first polymer-enhanced chip samples to customers (per Mar 11 announcement) |
| 2026 Q4 | Tower full SiPh capacity qualification (per Tower Q4 2025 call) |
| 2027 | Tower full SiPh starts; LWLG commercial volume ramp targeted |
Sources
- ✓ stockanalysis.com (Apr 24 close $12.67, range $11.90-13.96, vol 11.01M, 52w range $0.82-15.29, beta 2.77, market cap $2.01B as of intraday)
- ✓ Yahoo Finance LWLG history
- ✓ lwlg.html (catalyst timeline w/ daily price points Apr 13-24)
- ✓ stocktitan, coincentral, financialcontent (Mar 11-12 Tower reaction)
- ✓ Yahoo/access news / accessnewswire (Jul 15 Telcordia)
- ✓ LWLG 8-K filings (Dec 10, 2024; Dec 15, 2025; Apr 21, 2026)
- ◐ Macrotrends (annual price summary)
- ◐ stocktitan news feed (catalyst headlines)