SG Movers｜AEM Shares Jump Another 5% After Soaring 15%
AEM shares jumped another 5% on Friday after soaring 15% on Thursday.
The semiconductor test solutions provider raised its revenue guidance for its first half ending June to between S$185 million and S$195 million, up from an earlier range of S$155 million to S$170 million. The group on Thursday said the upward revision follows an unexpected pull-in of orders into FY2025, but maintained its view that the business environment faces uncertainty stemming from the tariff situation. It will report its earnings on Aug 13. The counter ended Thursday 14.5% or S$0.18 higher at S$1.42 after the announcement.
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