AXT Inc. Stock Drops Over 10%, Entering Third Consecutive Session of Losses
Shares of AXT, Inc. (NASDAQ: AXTI) fell more than 10% on Thursday, closing at $71.66 after a decline of $8.13 during the session. This marked the third consecutive day of losses for the stock, which is used in compound semiconductor substrates. The continued downward trend has raised concerns among investors about potential underlying issues affecting AXTI's performance or broader market sentiment impacting its sector.
Tickers: $AXTI
Topics: AXT Inc. market reaction stock price drop