AXT Posts Upbeat Q2 Earnings, Joins Newell Brands, SPX Technologies, Amazon And Other Big Stocks Moving Higher On Friday
U.S. stocks mixed, Nasdaq up 50 pts. AXT Inc (NASDAQ: AXTI) rose 25.3% on strong Q2 results. Other gainers include NWL, FET, IESC, SPXC, AMZN, SPSC, DLB, GH, DXCM, and MPWR.
AXT did really well in its latest report and its stock jumped up 25%. When a company beats expectations, people get excited and buy more shares, which is one sign to watch for whether the company is doing what it promised.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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