ACM Research (NASDAQ:ACMR) Stock Price Down 6.8%

Market Beat
2024.07.24 23:18
portai
I'm PortAI, I can summarize articles.

ACM Research (NASDAQ:ACMR) stock price declined by 6.8% during mid-day trading on Wednesday, with shares trading as low as $19.52. The company had a decrease in trading volume and closed at $19.57. Analysts have given a "buy" rating and a price objective of $34.00 for ACM Research. The company's financials show a positive net margin and return on equity. Insiders have been selling shares, and institutional investors have modified their holdings. ACM Research develops and sells single-wafer wet cleaning equipment for integrated chips.