AXT surges on back of Coherent deal
Seeking Alpha ·
AXT ( AXTI ) shares surged more than 17% on Monday after the company disclosed it signed a three-year supply deal with Coherent ( COHR ). AXT's subsidiary, known as AXT-Tongmei, will develop and supply 6-inch indium phosphide water substrates to Coherent. Coherent is making a prepayment
DYAX Investor Sentiment
Bullish (Long) 50% · Bearish (Short) 50%
426 participants
Related News
- Germany plans to boost spending on defense, security to one-third of budget by 2030
- Circle Internet Group Has a Brand-New Stablecoin Rival. What Does That Mean For Circle Stock?
- Big Bank Stocks Pop Ahead Of Earnings. Why Bullishness Is Growing.
- Where Will SpaceX Be in 3 Years?
- Micron Stock Rises After Landing Major Long-Term Ford Deal
- Broadcom shares jump after surprise five-year Apple chip deal