Traders Buying Aixtron (AIXG) Shares as Analysts Speculate on Buyout
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Price: $3.06 --0%
Rating Summary:
4 Buy, 14 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 3 | New: 2
Rating Summary:
4 Buy, 14 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 3 | New: 2
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Shares of Aixtron (Nasdaq: AIXG) are up more than 9 percent Tuesday afternoon as several overseas analysts are suggesting the company could be a buyout target following a recent slide in the stock price. AIXG shares are down more than 36 percent since the beginning of July and down 16 percent in just the last five trading sessions.
An analyst at Hauck & Aufhaeuser said Applied Materials (Nasdaq: AMAT) could be a possible suitor, while an analyst at Berenberg believes the Chinese government is a more likely bidder.
Aixtron shares on the NASDAQ last traded at $22.60.
An analyst at Hauck & Aufhaeuser said Applied Materials (Nasdaq: AMAT) could be a possible suitor, while an analyst at Berenberg believes the Chinese government is a more likely bidder.
Aixtron shares on the NASDAQ last traded at $22.60.
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