Market Movers: AXT (AXTI) Loses 5.70% to Close at $8.77 August 5 | Equities News

2022-08-08 14:36:24 By : Mr. Sky Zeng

AXTI - Market Data & News

Today, AXT Inc (NASDAQ:AXTI) was down $0.53 to end the day Friday at $8.77.

The company started at $9.24 and shares fluctuated between $9.24 and $8.66 with 419,618 shares trading hands.

AXT is averaging 287,225 shares traded over the last 30 days. They have gained 5.56% YTD.

AXT expects its next earnings on 2022-10-26.

For technical charts, analysis, and more on AXT visit the company profile.

AXT 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). The company's substrate wafers are used when a typical silicon substrate wafer cannot meet the performance requirements of a semiconductor or optoelectronic device. End markets include 5G infrastructure, data center connectivity (silicon photonics), passive optical networks, LED lighting, lasers, sensors, power amplifiers for wireless devices and satellite solar cells. AXT's worldwide headquarters are in Fremont, California where the company maintains sales, administration and customer service functions. AXT has its Asia headquarters in Beijing, China and manufacturing facilities in three separate locations in China. In addition, as part of its supply chain strategy, the Company has partial ownership in ten companies in China producing raw materials for its manufacturing process.

To get more information on AXT Inc and to follow the company's latest updates, you can visit the company's profile page here: AXT Inc's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Symbol info widget is provided by TradingView based on 15-minute-delayed prices. All other article data is provided by IEX Cloud on 15-minute delayed prices or EOD company info.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

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