🔴 AXT is trading 6.74% down today after a sharp multi-session rally

AXT is trading at $82.61, down 6.74%, following a sharp multi-session rally.

• The stock rose from $46.94 on July 30 to $88.58 on August 7.
• Record Q2 revenue reached $47.6 million; Q3 guidance called for approximately $66 million in revenue and $0.30–$0.32 non-GAAP EPS.
• No fresh negative company-specific catalyst was identified for August 10, 2026.