Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
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 ) rose by nearly 12% in Tuesday's early intraday trading after analysts at Cowen wrote construction for the company's new plant with Kodak to produce sensors based on Uni-Pixel's UniBoss sensor film appears to be on track to produce around 1 million units per month by the end of 2013. However, Uni-Pixel gave back much of those gains as the day wore on to close up just 3.4% as the wider market retreated.
So what: Uni-Pixel shareholders have endured quite a ride over the past several months. First, Uni-Pixel shares popped by around 20% when the original agreement with Kodak was announced in April. Then, they plunged 26% in May after rumors surfaced that Apple could become a direct competitor, only to rise by nearly 11% after analysts defended the company's position and it received a $5 million milestone payment from Eastman Kodak to facilitate the development.
Today's pop, then, surely comes as a welcome sign as investors are happy everything still appears to be on track.
Now what: Even so, the stock currently sits more than 56% below its 52-week-high above $41 per share set in April -- a drop that predictably resulted in at least one class action lawsuit on behalf of burned purchasers of Uni-Pixel near those highs. However, considering the company expects the market for these sensors could grow as large as $32 billion by 2018, it's safe to say patient long-term shareholders could still stand to be handsomely rewarded going forward.
The tech world has been thrown into chaos as the biggest titans invade one another's turf. At stake is the future of a trillion-dollar revolution: mobile. To find out which of these giants is set to dominate the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate and give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!