Semiconductor Equipment Losers: Ambarella (NASDAQ:AMBA) Axcelis Technologies (NASDAQ:ACLS) Daqo New Energy (NYSE:DQ) Aehr Test Systems (NASDAQ:AEHR)
SA PRO contributorAshraf Eassa argues Ambarella Inc (NASDAQ:AMBA) shares have gotten ahead of themselves due to hype, and are now a good short. Ambarella Inc (NASDAQ:AMBA) stock opened at $29.40 in last session, and closed at $27.09, while the day range of AMBA stock is $24.69 – $29.46. The stock showed a /negative weekly performance of -15.00%.
Axcelis Technologies, Inc. (NASDAQ:ACLS) Q4 2013 Results Earnings Call February 4, 2014 5:00 PM ET. Axcelis Technologies Inc (NASDAQ:ACLS) stock opened at $2.22, in last session and closed at $2.21, by losing -8.30%. The 52 week range of ACLS is $1.08 – $2.58. Company’s market capitalization is $242.21million.
Daqo New Energy Corp. (NYSE:DQ) reports that it has completed a debottlenecking project for its Xinjiang polysilicon plant, and has begun ramping up production in newly added facilities. Daqo New Energy Corp (NYSE:DQ) stock decreased -6.75% and finished the last session at $38.66. The EPS of the stock remained -19.91. Company’s market capitalization is $267.34million.
Aehr Test Systems (NASDAQ:AEHR) was upgraded by investment analysts at Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a note issued to investors on Monday. Aehr Test Systems (NASDAQ:AEHR) stock opened the session at $2.46, and closed the session at $2.30. The 52 week range of the AEHR stock remained $0.72 – $3.59 and the day range was $2.30 – $2.47.