Acm Research is trading at $87.44 (+11.2%) in after-hours trading, extending a sharp rebound after the stock closed 20.4% higher at $78.65 on July 30.
- The upward move is tied to a broader recovery across the semiconductor and technology sectors, which saw a key sector ETF jump 5.6%.
- Positive sentiment is being driven by strong earnings from industry peers and significant intraday momentum, with the stock previously recording a 15.6% gain.