🔴 AXT is trading 6.6% down in pre-market ahead of planned August 18 leveraged fund launch

AXT is trading 6.64% down at $89.60 after a sharp 17.55% gain to $95.97 on August 17.

• Pre-market volume was reported at 230.78K shares by 4:30 a.m. EDT.
• Leveraged long and inverse funds tracking AXT are planned to launch August 18; available coverage does not establish them as the direct cause of the decline.