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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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.