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      AXT Stock Stumbles After The Close: Here's Why

      AXT Inc (NASDAQ:AXTI) shares are sliding after the market close on Monday after the company announced a public offering of common stock.

      AXT Announces Common Stock Offering

      AXT said it plans to offer and sell shares of common stock in a public offering. The company also plans to grant the underwriters a 30-day window to buy up to an additional 15% of shares in the offering. Size and terms ...

      Full story available on Benzinga.com


      Source: Benzinga
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