Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel displays and solid-state lighting applications.
OLED uses an organic substance that glows when an electric current is introduced. The material reduces the thickness and weight of the devices, creating an ultra-thin, sleek form and superior color reproduction.
On Monday OLED was downgraded by Susquehanna Financial Group’s analyst Mehdi Hosseini. Hosseini argued that “the best case (cash) earnings scenario (of high single digit $/share) is now dialed into the share price” following the big run-up.”
Add your Scripsio!
Comments