Posts Tagged ‘AXTI’

KAI crows, MU moves along, AXT declines

Thursday, February 24th, 2011

Kadant Inc. (NYSE: KAI) gained 13.6% Thursday to $23.64, on share volume of 612,000, or 15 times its all-day average, after announcing Q4 revenues of $73.3 million, an increase of $16.5 million, or 29% over last year.

Micron Technology Inc. (Nasdaq: MU) traded Thursday in 24.5 million shares, closing in on a daily average of 36.9 million. MU shares picked up 1% to $10.65.

AXT Inc. (Nasdaq: AXTI) demurred 17.5% to $6.90 Thursday, on share volume of 3.1 million, more than four times its daily average, after reporting full-year earnings of $18.7 million on revenue of $95.5 million. In 2009, it lost $1.9 million on revenue of $55.4 million.

BIDZ amazing, JDSU trades, AXTI takes beating

Monday, February 14th, 2011 (Nasdaq: BIDZ) shares ballooned 15.8% to $1.56, on volumes of 860, 625 shares, trouncing a daily average of 34,422 shares.

JDS Uniphase Corp. (Nasdaq: JDSU) traded in 28.5 million shares Monday, better than quadrupling a daily average of 6.8 million. Share prices swooned 1% to $27.88. JDS recently reported a 142% jump in fourth-quarter earnings per share as sales rose 38% to $473.5 million.

AXT Inc. (Nasdaq: AXTI) shares slipped 12.6% to $9.81, on volume of 1.7 million shares, more than tripling its daily average. AXT will release its financials Feb. 23.