1 min read
Add as a preferred source on Google

AXT, Inc. Shares Fall More Than 10%, Extend Losing Streak to Three Sessions

The compound semiconductor substrate maker closed at $71.66 after losing $8.13 on Thursday.

Compound semiconductor wafer resting on a laboratory tray / TokenPost.ai
Compound semiconductor wafer resting on a laboratory tray / TokenPost.ai

AXT, Inc. (AXTI) shares fell more than 10% Thursday, extending the compound semiconductor substrate maker’s decline to three consecutive sessions.

The stock closed at $71.66 after losing $8.13 during the session. The drop added to losses from the previous two trading days and brought the shares to their third straight lower close.

AXT manufactures compound semiconductor substrates.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…