Aehr Test Systems is trading at $49.65, down 18.40%, amid a sharp semiconductor selloff as investors weigh potential AI and data-center regulation and weaker chip-demand signals.
- Jefferies and Lake Street lowered their price targets while keeping positive ratings, citing lower sector valuation multiples; reports do not establish the revisions as the direct cause of today’s drop.
- The November 2 earnings beat and raised fiscal-year revenue guidance are prior bullish context, not a clear explanation for today’s decline.