Aixtron (AIXG) Gaps Up 10% On Indication It’s Received Large Order (Digitimes)

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10:28:25 am on December 23, 2010

(Via Digitimes) Aixtron (AIXG) is surging with heavy volume this morning on indications that the company has received a large order for 400-500 MOCVD machines used for LED production.  The likely customer is GCL Group which was rumored to be bidding on a large order about a week ago.

Shares of AIXG are surging again following a mini correction over the past couple weeks.  The stock surged off support of the 50 day moving average to begin the month of December and looks like it will end the month with a surge off this key support level.

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