AXT Inc.: Playing An Expected Rebound

Aaron Hawkins AXT, Inc. (NASDAQ:AXTI), a supplier of single element and compound wafer substrates to the semiconductor industry, is expected to release its Q2 FY2024 report on August 1 after the market closes. The last time AXTI reported, the stock soared higher after the Q1 FY2024 report blew past expectations. However, the stock has not done much since due to the lack of a follow through. However, this could be an opportunity, especially if one is long AXTI. Why will be covered next. Why now may be a  ...