Why This Small-Cap Semiconductor Stock Jumped 29% in August
After a dud July, semiconductor stock Axcelis Technologies (NASDAQ: ACLS) fired up in the month of August and gained 28.9%, according to data provided by S&P Global Market Intelligence. Axcelis shares had two spurts in August, one in the first week and the other in the last. Axcelis' revenue grew 10.9% and net income jumped 14.5% year over year in the second quarter.