AEHR has been in the news 1500% more than usual
Dec 05, 2024, 3:30 AM
37.21%
What does AEHR do
Aehr Test Systems, based in Fremont, California, designs and manufactures test and burn-in products for the semiconductor industry, employing 104 people. Their products include the FOX-P systems and various wafer handling solutions for testing diverse semiconductor devices.
AEHR has been in the news recently: Aehr Test Systems is facing multiple class action lawsuits and investigations from various law firms over allegations of misleading business operations and statements, particularly related to revenue estimates. The company's stock dropped by 22.4% after missing revenue forecasts by $6.7 million, prompting concerns over potential federal securities law violations.
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