Shares of SemiLEDs Corporation (LEDS) are up more than 5% Wednesday morning at $8.32.
There have been no company-specific news to be attributed to the upward movement of the stock.
The stock more than doubled from the beginning of this month as per 1st May's opening price of $3.73.
LEDS has been trading in the range of $1.98- $13.44 in the past 52 weeks.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.