🟢 AXT Inc is trading 8.1% up today as it extends its rebound from a recent AI-driven selloff

AXT Inc is trading 8.1% up at $118.49 in pre-market, extending its recovery following last week’s sharp AI-driven selloff and profit-taking.

• The move builds on the June 1, 2026 session, when shares traded 5.3% higher as the stock stabilized after a steep pullback that followed an AI-fueled rally and strong Q1 2026 earnings results.
• Market sentiment appears to be improving as investors continue to buy the dip following the recent period of volatility.