Why Aehr Test Systems Plunged 17% This Week
Shares of Aehr Test Systems (NASDAQ: AEHR) fell 17% this week through Thursday trading, according to data from S&P Global Market Intelligence.
Aehr, which makes test and burn-in systems used in the high-growth silicon carbide market, saw its shares collapse after its biggest customer gave soft guidance on its earnings call on Monday.
And when I say a big customer, I'm talking a company that comprised 88% of Aehr's sales last quarter. So there was plenty of reason for shareholders to get nervous. But is the caution justified?
Source Fool.com
