🔴 AXTI is trading 11.1% down today as traders extend profit-taking after last week's AI-driven rally

AXTI is trading 11.1% down at $102.82 as traders extend profit-taking following last week’s sharp AI-driven rally.

• The stock previously spiked more than 30% on upbeat Q1 2026 results and optimism around AI data center opportunities.
• Short-term holders are now locking in profits while the broader market trades relatively flat.