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Stock impact report

AXT Inc. (AXTI) Hits New 24-Year High Ahead of Business Updates [Yahoo! Finance]

AXT Inc (AXTI) 
Last axt inc earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: axt.com
Company Research Source: Yahoo! Finance
AXT saw its share prices jump to a new 24-year high on Tuesday, as investors repositioned portfolios ahead of expected business updates next week. At intra-day trading, the company soared to a record high of $15.06 before trimming a few cents to end the day just up by 17.70 percent at $14.96 apiece. In a statement, AXT Inc. (NASDAQ:AXTI) said that it would participate in the Northland Securities Growth Conference on Tuesday, December 16, where investors will be looking out for updates about its business and cues on its growth outlook for this year and the next. AXT Inc. (NASDAQ:AXTI) is a material science company that develops and manufactures high-performance compound and single-element semiconductor substrate wafers comprising indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge). In the third quarter of the year, it narrowed its attributable net loss by 35 percent to $1.9 million from $2.9 million in the same period last year. Revenues jumped by 18.2 percen Show less Read more
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