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Why ACM Research Stock Jumped This Week

TheMotleyFool

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Why ACM Research Stock Jumped This Week: https://g.foolcdn.com/editorial/images/715446/tweezers-with-computer-chip.jpg

Shares of ACM Research (NASDAQ: ACMR) were moving higher this week after the maker of semiconductor cleaning equipment reaffirmed its 2022 guidance and posted a strong preliminary forecast for 2023.

According to data from S&P Global Market Intelligence, the stock was up 25.2% for the week as of Thursday afternoon at 2:32 p.m. ET.

Image source: Getty Images.

Source Fool.com

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