Why Aehr Test Systems Stock Surged 46% in October
Aehr Test Systems (NASDAQ: AEHR) stock jumped 45.9% in October, according to data from S&P Global Market Intelligence. For context, the S&P 500 and Nasdaq Composite indexes returned 8.1% and 3.9%, respectively, last month.
The primary catalyst for its stock's big gain was the semiconductor test and reliability qualification equipment supplier's release of a robust report for its first quarter of fiscal 2023, which ended Aug. 31, 2022.
This month, Aehr stock is up 3.7% as of Nov. 7, while the S&P 500 is down 1.7% over this period.
Source Fool.com
