ACM Research Shares Rise 14% on Stock Sales

Dow Jones

2024-10-04

By Sabela Ojea

Shares of ACM Research on Friday climbed a day after the company disclosed a number of share sales.

The stock was up 14% to $21.63 in morning trading. Shares have surged 37% over the past month.

The developer of wet processing technology and products for the semiconductor industry said that director Xiao Xing sold 34,604 company shares at a price of $20.05 each for a total of $693,921.

ACM Research said that shareholder Shanghai Science & Technology Venture Capital also sold the same number of shares at the same price.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

October 04, 2024 11:38 ET (15:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Shares have surged 37% over the past month.The developer of wet processing technology and products for the semiconductor industry said that director Xiao Xing sold 34,604 company shares at a price of $20.05 each for a total of $693,921.ACM Research said that shareholder Shanghai Science & Technology Venture Capital also sold the same number of shares at the same price.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ACM":"Aecom Technology Corporation","ACMR":"Acm Research Inc."},"translate_title":"ACM Research股价因股票出售而上涨14%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACM":1,"ACMR":0.9},"content_text":"By Sabela Ojea \n\n\n \n\n\n  Shares of ACM Research on Friday climbed a day after the company disclosed a number of share sales. \n\n\n  The stock was up 14% to $21.63 in morning trading. Shares have surged 37% over the past month. \n\n\n  The developer of wet processing technology and products for the semiconductor industry said that director Xiao Xing sold 34,604 company shares at a price of $20.05 each for a total of $693,921. \n\n\n  ACM Research said that shareholder Shanghai Science & Technology Venture Capital also sold the same number of shares at the same price. \n\n\n \n\n\n   Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 04, 2024 11:38 ET (15:38 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}