Aehr Test Systems (AEHR) touched $40/sh during the 2nd half of Mar 2023. Now down around 30% since then @ $28-ish.
Current CEO is stepping down at the end of 2023. Is that the cause of the pullback? Maybe some of it.
I think it was the missed earnings recently. The CFO is stepping down at the end of the year…doc
Is The Options Market Predicting A Spike In Aehr (AEHR) Stock? (barchart.com)
This chart shows that it started trending higher and held at a new level until the earnings (blue E) came out last month and then it reset lower:
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@physician - yes CFO, not CEO. Thanks.
Odd - SA reports the data different. Earnings and rev beat
(NASDAQ:AEHR) | Seeking Alpha
Maybe the non-GAAP stat?
In any case, AEHR on my watchlist. (Well, it was on my watchlist prior to the run up, so I guess still on my watchlist. But more attentively there)
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