AXT Director Disposes $700k in Stock as Company Lowers Q4 Revenue Guidance
Axt Inc director Jesse Chen sold 14,086 shares of common stock across March 12 and 13, 2026, for approximately $700,039. The sales came as the stock traded near its 52-week high and after the company reduced fourth-quarter revenue guidance because of restricted export permits for indium phosphide from China’s Ministry of Commerce. Several analysts …