🟢 AXT is trading 4.5% up in pre-market after joining S&P SmallCap 600

AXT is trading at $73.17, up +4.48%, after joining the S&P SmallCap 600 before the September 21, 2026, open, prompting expected index-fund buying.

• AXT is scheduled to participate in Morgan Stanley’s Asia Best Corporate Day on September 21–22.
• The move extends AXT’s recent rally after record second-quarter revenue, renewed profitability, and strong AI-optics demand.
• Broader risk-on sentiment is supportive, with major U.S. indexes also higher.