AXT tumbles 8% during regular trading
Market Movers·
AXT
AXTI43.5407.30% ( -3.430 )
Closed: Nov 12, 16:00:01 (EDT)News
Riskified, CoreWeave, Micron And Other Big Stocks Moving Higher On Wednesday
benzinga_article·- U.S. stocks experienced mixed trading on Wednesday, with the Nasdaq Composite climbing approximately 350 points amid strong market momentum. - Multiple companies including Riskified, Gevo, Fossil Group, and CoreWeave posted significant share price increases following better-than-expected third-quarter financial results and raised FY 26 sales guidance. - Technology, semiconductor, and artificial intelligence infrastructure stocks such as Micron, Bloom Energy, and Credo rallied as CoreWeave's positive performance reinforced sector demand outlooks.AXT surges 16%
Market Movers·AXT climbs 9% in premarket
Market Movers·Top 10 US Stock Losers (11.5)
Top Gainers&Losers·- On November 5, major US stock indices experienced significant declines, with the Nasdaq Composite dropping 5.52 %, the S&P 500 falling 4.36 %, and the Dow Jones Industrial Average decreasing 3.44 %. - Veracyte (VCYT) led the top market losers by plunging 54.30 % with a trading volume of 360 million USD. - Other notable decliners included TripAdvisor (TRIP) down 27.65 % and Gibraltar Industries (ROCK) down 27.28 %.Chip stocks under pressure: Twelve semiconductor names with oversold signals
Seeking Alpha·- AI and semiconductor stocks experienced heavy selling pressure, causing the Philadelphia Semiconductor Index to fall about 9.5% amid reassessed data center spending outlooks. - Twelve semiconductor stocks showed oversold signals based on a Relative Strength Index below or near 30, with Intel Corporation topping the list at 23. - Major chipmakers and infrastructure companies recorded sharp session declines, including Advanced Micro Devices down 15% and Intel down 8%.