--- title: "Pre-market hot trades in US stocks: AXT Company up 4.48% in pre-market; Sandisk up 3.88% in pre-market" type: "News" locale: "en" url: "https://longbridge.com/en/news/296358327.md" description: "AXT rose 4.48% in pre-market; Sandisk rose 3.88% in pre-market; Yunji rose 199.43% in pre-market; Rising Dragon Acquisition rose 137.09% in pre-market; Tenon Medical rose 102.46% in pre-market" datetime: "2026-08-19T12:47:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296358327.md) - [en](https://longbridge.com/en/news/296358327.md) - [zh-HK](https://longbridge.com/zh-HK/news/296358327.md) generator: "portal-rs" --- # Pre-market hot trades in US stocks: AXT Company up 4.48% in pre-market; Sandisk up 3.88% in pre-market **Pre-market Hot Trades in US Stocks** AXT Company is up 4.48% in pre-market trading. Based on recent key news: 1. On August 18, AXT Company announced its participation in several important financial conferences, including the Needham Virtual Semiconductor Conference on August 20, the B. Riley Securities Consumer and TMT Conference on September 10, and the Morgan Stanley Asia Best Companies Day from September 21 to 22. Participation in these conferences helps enhance the company's image and investor confidence, driving up the stock price. 2. On August 18, AXT Company reached significant prepayment agreements with Coherent and Lumentum for $22.3 million and $87 million, respectively, to expand the six-inch InP substrate capacity at its Beijing factory. These agreements demonstrate strong market demand for AXT products, further boosting the stock price. 3. On August 18, Morgan Stanley stated that substrate supply is beginning to improve, manufacturers are increasing capacity, and Beijing has issued more export licenses. These factors help alleviate supply chain bottlenecks and enhance market confidence in AXT. The semiconductor industry is experiencing strong demand, and supply chains are improving. Sandisk is up 3.88% in pre-market trading. Based on recent key news: 1. On August 18, multiple institutions, including JP Morgan, raised their target price for Sandisk, with JP Morgan giving it an overweight rating and a target price of $225, driving up the stock price. Source: Zhitong Finance 2. On August 16, Sandisk's strong outlook for the NAND market triggered a rebound in storage stocks, with KeyBanc expecting NAND prices to rise significantly, further supporting the stock price. Source: Barron's 3. On August 18, Sandisk's Investor Day event reshaped its valuation framework, expecting long-term gross margins to maintain above 80%, enhancing market confidence. Source: Bank of America analyst report indicates strong demand for memory chips and an optimistic industry outlook. **Top Gainers in Pre-market US Stocks** Yunji is up 199.43% in pre-market trading. Based on recent key news: 1. On August 18, Yunji announced a strategic cooperation agreement with a major e-commerce platform, expected to significantly enhance its market share and sales. Following this announcement, investors are confident in Yunji's future growth, driving the stock price sharply higher. 2. On August 17, Yunji released its second-quarter financial report, showing that its revenue and net profit exceeded market expectations. The report indicated that Yunji's revenue grew by 50% year-on-year, and net profit grew by 30%, leading to very optimistic market sentiment regarding its performance, further driving up the stock price. 3. On August 16, a well-known analyst upgraded Yunji's rating, believing it has significant future growth potential. The analyst pointed out that Yunji's innovation and expansion strategies in the e-commerce sector will give it a competitive edge, and its stock price is expected to continue rising. Rising Dragon Acquisition is up 137.09% in pre-market trading, with no significant news recently. Trading is active, and there is a clear flow of funds. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation Tenon Medical pre-market rose 102.46%. Based on recent key news: 1. On August 19, Profusa's stock plummeted significantly in after-hours trading, having previously surged 506%. Profusa's stock price experienced a notable correction in after-hours trading, and the earlier increase attracted market attention, leading to a rise in Tenon Medical's stock price. 2. On August 19, the fluctuations in Profusa's stock price sparked market interest in medical technology companies. The volatility of Profusa's stock price attracted investors' attention to related medical technology companies, driving up Tenon Medical's stock price. 3. On August 19, positive sentiment in the medical technology industry propelled Tenon Medical's stock price upward. The positive sentiment in the medical technology sector and increased investor interest led to a significant rise in Tenon Medical's stock price. The medical technology industry has performed strongly recently, with growing investor interest ### Related Stocks - [AXTI.US](https://longbridge.com/en/quote/AXTI.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [YJ.US](https://longbridge.com/en/quote/YJ.US.md) - [RDAC.US](https://longbridge.com/en/quote/RDAC.US.md) - [TNON.US](https://longbridge.com/en/quote/TNON.US.md) ## Related News & Research - [Leonard Leblanc Sells 2,000 Shares of AXT (NASDAQ:AXTI) Stock](https://longbridge.com/en/news/296485912.md) - [AXT director Leonard J. LeBlanc sells 4,000 shares worth $384,280.4](https://longbridge.com/en/news/296404687.md) - [Is Tight InP Supply Quietly Redefining AXT’s (AXTI) Role in the AI Materials Stack?](https://longbridge.com/en/news/296154965.md) - [Why Is AXT (AXTI) Back In The Spotlight?](https://longbridge.com/en/news/295878627.md) - [Mitsubishi UFJ Trust & Banking Corp Buys 54,637 Shares of ConocoPhillips $COP](https://longbridge.com/en/news/296084237.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**