Veeco
Instruments Inc. (NASDAQ:VECO) slumped 15.57% to $42.19. Citi
downgraded Veeco Instruments Inc. to a Hold rating from its previous rating of
Buy. The firm is also lowering their price target on the company by $2 to $50.
The
stock has average daily volume of 1.70 million shares. At today`s closing
market price, the market capitalization of the company stands at $1.68 billion.
Cree,
Inc. (NASDAQ:CREE) went down 4.25% to $67.52. The company announced
its new line of Z-Rec 650V Junction Barrier Schottky (JBS) diodes. The new JBS
diodes provide blocking voltage to 650V to accommodate recent changes in data
center power architecture that industry consultants estimate will result in
energy efficiency gains of up to 5%.
The
stock opened at $69.96 and was trading within the range of $67.02-$69.98. The
stock jumped more than 19% year-to-date.
Aixtron
AG (ADR) (NASDAQ:AIXG) lost 4.18% to $35.76. The 52-week range of the
stock is $22.42-$38.96. The stock jumped more than 6% year-to-date.
The
stock has average daily volume of 281K shares.
Rubicon
Technology, Inc. (NASDAQ:RBCN) dropped 4.26% to $22.70. The
52-week range of the stock is $14.50-$35.90. The stock jumped more than 11%
year-to-date.
The
average daily volume of the stock is 731K shares. At today`s closing market
price, the market capitalization of the company stands at $520.67 million.
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