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Semileds Corp. (LEDS) stock decline during after-hour. What has been happening lately?

CUEN Stock

CUEN Stock

Semileds Corp. (NASDAQ: LEDS) stock gained by 44.86% at last close whereas the LEDS stock price shows a decline of about 15.41% in the after-hours trading session. As of now, there is no update available regarding this huge change in LEDS share price, from the management of LEDS. SemiLEDs designs and manufactures LED chips and LED components for lighting purposes such as street lights, commercial, industrial, system, and residential lighting. SemiLEDs provide LED chips in blue, white, green, and UV colors.

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Recent Past Development

Financial Results


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On April 9, 2021, Semileds announced its second-quarter fiscal 2021 financial results. The highlights are being stated below:

Furthermore

Semileds also mentioned that due to the ongoing uncertainty regarding COVID-19’s effects on the economy and LEDS, Semileds is unable to anticipate revenue for the third quarter ending May 31, 2021, at this time.

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