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Stock impact report

AXT Inc. (AXTI) Jumps 12% on Bargain-Hunting [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 by 12.09 percent on Thursday to finish at $52.84 apiece, as investors resorted to bargain-hunting following a steep drop in the day prior, with the rally backed by continued optimism for a strong first quarter performance. Earlier this year, AXT Inc. (NASDAQ:AXTI) provided a highly optimistic outlook for the first quarter, saying that it expects to achieve sequential growth amid progress on its export permits that were lacking in the fourth quarter of 2025. “We are in a strong position to achieve sequential revenue growth in Q1, driven primarily by growth in indium phosphide for the AI infrastructure build-out,” AXT Inc. (NASDAQ:AXTI) CEO Morris Young has said. AXT Inc. (AXTI) Jumps 12% on Bargain-Hunting “We are also on track to double our indium phosphide manufacturing capacity this year and have a strong balance sheet to support our continued business expansion,” he noted. Last year, the company widened its attributable net loss by 83 percen Show less Read more
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