ACM Research's stock fell after insiders sold shares, despite the company reporting strong Q3 earnings.

ACM Research, Inc. saw its stock drop after insiders Haiping Dun and David H. Wang sold shares on November 22nd. Dun sold 15,000 shares for $286,800, while Wang sold 56,250 shares for $1,073,250. Despite these sales, the company reported strong Q3 earnings, beating estimates with $0.63 EPS and a 21% revenue increase. Analysts have mixed views, with some maintaining "buy" ratings but lowering price targets.

November 26, 2024
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