🔴 AXT is trading 4.05% down today after profit-taking following index-addition rally

AXT is trading at $74.64, down 4.05%, on September 23, 2026, as investors take profits after its sharp multi-session rally.

• The rally was linked to AXT’s addition to the S&P SmallCap 600 and related indexes, effective September 21.
• Broader risk-off sentiment is adding pressure, with the S&P 500, Nasdaq Composite, and Dow Jones all down more than 0.5% during trading.