Tuesday, January 4, 2011

What's Moving: SemiLEDS Corporation (LEDS)

We're still eight days from earnings and someone is optimistic.
The stock is up .43% at $27.87 with the NASDAQ down .84% on the day.
Here's the one month chart:





The company priced their Dec. 9 IPO at $17.00, above the expected $14.50-$15.60 range.
Here's the earnings date announcement: 
SemiLEDs to Announce First Quarter 2011 Financial Results on Thursday, January 13, 2010

And here's the final prospectus.