The analyst sold some AXTI shares around the top.
A professional on their discord who works in China and sells Indium described how AXTI could suffer, prompting the analyst to sell some shares around the top.
@BULLOFBRITAIN There is an InP pro on our discord who works in China and do sell Indium that described perfectly how AXTI could suffer from this. Got a chance to sell some around top
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +10.0% | +9.5% |
| 1 week | -4.3% | -5.5% |
| 1 month | -42.9% | -44.4% |
| 3 months | — | — |
| 6 months | — | — |