Shares of semiconductor company SemiLEDs Corporation (LEDS) are surging more than 40% Monday morning at 11.44.
There have been no company-specific news that could be attributed to the stock's upward movement.
SemiLEDs is continuing its rally from last week, when it jumped more than 3-fold from the opening price of $3.69 on Monday, May 3.
LEDS has traded in the range of $1.93- $13.44 in the past 52 weeks.
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