AXTI jumps before market open on tight indium phosphide supply
AXT, Inc. climbed again in early trading Monday, adding to Friday's strong rally as investors looked at indium phosphide supply. AXTI closed at $97.18 Friday, up 10.01%. Shares traded between $87.22 and $103.50 with more than 10 million shares changing hands. In premarket trading, StockAnalysis pegged the price at $110.41 at 6:13 a.m. EDT, before the main session and when trading is less liquid.