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● No confirmed catalyst accompanied the renewed decline in the ADRs.
● The specific catalyst behind the decline could not be confirmed.
● The gain followed news of a driverless-truck deal with a transport partner.
● Trading remained volatile in the stock's early days as a newly public company.
● Shares slid even as the broader AI-hardware rally left this name behind.
● The rebound followed a third-quarter earnings beat.
● No company announcement was found to explain the retreat.
Alkami Technology, Inc. (NASDAQ:ALKT) shares fell in pre-market trading after a mixed third-quarter report. Revenue of $134.9 million rose 19% and exceeded the high end of guidance, with subscription revenue up 20% and 96% of the total. Adjusted EBITDA of $26.3 million, a 19.5% …
Alphabet Inc. (NASDAQ:GOOG) shares dropped sharply in pre-market trading after third-quarter results missed estimates, with investors focused on slowing search growth, weaker monetisation in AI Mode and the first negative free cash flow in the company's public history. The indicated decline would be the …
AXT, Inc. (NASDAQ:AXTI) shares fell in pre-market trading after the company announced that its majority-owned subsidiary, Beijing Tongmei Xtal Technology, entered definitive agreements for a private equity financing. Institutional investors will invest a minimum of RMB 1.91 billion, about US$285 million, and up to …
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