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What: Shares of OLED technology developer Universal Display
So what: Last night's second-quarter report showed 170% stronger commercial sales year-over-year and a rare net profit thanks to a swooning stock price. Both the top and bottom lines shocked the Street silly.
Now what: As swift as the jump was, it only erased about a week's worth of investor misgivings and sagging chart lines. Today's peak price is still down 53% from 52-week highs set in April. Gadget and display builders Samsung, LG Display
Interested in more info on Universal Display? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of Universal Display and Apple, as well as creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.