NasdaqGS:AXTISemiconductor
A Look At AXT (AXTI) Valuation After Needham Downgrade And Recent Share Price Surge
Why AXT stock is back in focus after a rating change
AXT (AXTI) is back on investors’ radar after Needham analyst Charles Shi cut the stock to a hold rating, a shift that appears to be influencing sentiment and recent price swings.
See our latest analysis for AXT.
While the downgrade and recent volatility, including the share price pullback earlier in January, have cooled near term sentiment, AXT’s recent momentum is still striking. It has a 30 day share price return of 46.14%, a 90 day share...