AXT stock slides on China export permit delays hitting Q4 outlook — key dates ahead
New York, January 10, 2026, 18:06 (ET) — Market closed Shares of AXT, Inc. (AXTI) ended Friday down roughly 11%, closing at $22.99, following a lowered revenue forecast for the fourth quarter. The company cited delays in Chinese export permits for indium phosphide substrates as the cause. During the session, the stock fluctuated between $21.31 and $26.27, with around 18.2…