Why AXT, Inc. (AXTI) stock fell 12.5% on Monday, November 2, 2026

AXT, Inc. (AXTI) closed at $48.2, down 12.46% on Monday, November 2, 2026, on volume of 15,110,214 shares (1.5× its 3-month average); market value about $3.20B.

What happened: primary sources

Events Nexqual found for AXTI on Monday, November 2, 2026 or the trading day before (October 30, 2026):

• Oct 30, 2026: B. Riley Securities: Target raised, Neutral, price target $55 → $56

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on AXTI

AXTI stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: November 2, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 10:47 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 4, 2026 at 10:47 UTC. This page is informational and not investment advice.

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