01:31 PM EDT, 05/22/2024 (MT Newswires) -- Akoustis Technologies ( AKTS ) , a manufacturer of patented RF filters, unveiled the final release to manufacturing of design updates across its product portfolio.
The company said it developed the updates to remove any patented features claimed by Qorvo.
The stock price more than doubled with intraday volume topping 463.3 million shares versus the daily average of almost 1.2 million.
Analog Devices ( ADI ) reported fiscal Q2 adjusted earnings and revenue that topped market expectations.
Shares jumped 9.2%, with volume topping 4.88 million versus the average of 3.14 million.
Dycom Industries ( DY ) reported fiscal Q1 earnings and revenue that exceeded estimates by analysts.
Shares rose 6.1% as volume topped 276,000 versus the daily average of almost 267,000.
Price: 0.32, Change: +0.18, Percent Change: +131.88