Friday, May 05, 2017 1:31:20 PM
Fletch
Big gaps beinng left in the dust........
Universal Soars 24%: Better Believe, Say Bulls, But Bears Balk
Barrons.com Barrons.comMay 5, 2017, 12:49 PM
Shares of Universal Display (OLED) are up $21.50, or 24%, at $111.35, adding to last night’s after-hours gains, after it handily beat Q1 expectation and raised its year outlook, citing "momentum" for products that use its organic light-emitting diode (OLED) display technology. OLED technology has steadily been working its way into the smartphone world and the television set world, as a replacement for the longstanding “liquid-crystal,” or LCD, technology. It shows up in the “Galaxy S8” phone introduced by Samsung Electronics (005930KS), which is, incidentally, Universal’s largest customer.
read more at:
http://www.barrons.com/articles/universal-soars-20-better-believe-say-bulls-but-bears-balk-1494002802?mod=yahoobarrons&ru=yahoo&yptr=yahoo
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