Advanced Energy (AEIS) Moves 3.6% Higher: Will This Strength Last?

Advanced Energy Industries (AEIS) shares soared 3.6% in the last trading session to close at $128.97. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5% gain over the past four weeks.Advanced Energy is benefiting from higher demand in the semiconductor and data center computing markets. This maker of power-conversion products is expected to post quarterly earnings of $1.28 per share in its upcoming report, which represents a year ...