AXT Inc (AXTI) Loses 9.4% After 25-Year High

We recently published 10 Stocks Investors Have Ditched. AXT Inc. (NASDAQ:AXTI) was one of the worst performers on Thursday. AXT Inc. snapped a two-day rally on Thursday, shedding 9.40 percent to finish at $37.12 apiece, as investors resorted to profit-taking after soaring to a 25-year high in the previous trading day. It can be recalled that the stock soared to a record high of $41.19 on Wednesday, a level it last touched in September 2000, as investors took heart from a strong earnings performance last ...