Why Uni-Pixel Shares Popped

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Uni-Pixel (NASDAQ: UNXL  ) have popped today by as much as 20%, tapping fresh 52-week highs in the process, after the company announced an agreement with Eastman Kodak.

So what: The two companies have partnered in a manufacturing and supply agreement to produce touch sensors based on Uni-Pixel's UniBoss sensor film. Kodak and Uni-Pixel will open a new facility to produce touchscreen sensors for the touch module market that it estimates will grow to $32 billion by 2018.

Now what: CEO Reed Killion said the partnership is an important milestone for Uni-Pixel's commercial roll-out of UniBoss, and that Kodak will help facilitate a high-capacity ramp up thanks to its expertise in materials science. The companies have allocated $24 million this year to improve and equip the facility, with capacity expansion intended for UniBoss touch sensors. Uni-Pixel says its technology offers numerous advantages over traditional approaches, such as higher touch response and sensitivity, among others.

Interested in more info on Uni-Pixel? Add it to your watchlist by clicking here.

It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.

Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2366367, ~/Articles/ArticleHandler.aspx, 8/28/2016 10:10:47 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,395.40 -53.01 -0.29%
S&P 500 2,169.04 -3.43 -0.16%
NASD 5,218.92 6.71 0.13%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/26/2016 3:59 PM
UNXL $1.47 Up +0.02 +1.38%
Uni-Pixel CAPS Rating: *