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Markets · Investing · Business
Finance
Why Aehr Test Systems Stock Jumped 18% on Wednesday
Aehr Test Systems stock surged on another big order. Here's why investors are excited, and why I'm still watching from the sidelines.
Shares of Aehr Test Systems(NASDAQ: AEHR) soared 17.8% higher in Wednesday's early trading. The maker of semiconductor test and burn-in equipment cooled down from that dramatic spike, but was still up by 8.8% around 2:30 p.m. ET. The company announced a repeat order for automated wafer burn-in systems from a satisfied customer.
Image source: The Motley Fool.
The order involves a fully loaded FOX-XP burn-in system, which can test up to nine silicon wafers at a time. The system is fully loaded with add-ons, including an automated alignment tool and other extras. Delivery is scheduled within six months.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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