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Universal Display Corporation stock price
Universal Display Corporation latest news:
Why Universal Display Stock Popped Today
The OLED technologist signed a new deal with its largest customer. Here's what investors need to know.
Universal Display stock soars on announcement of long-term agreement wtih Samsung Display
Shares of Universal Display Corp. (OLED) are up 9.4% in midday trading Wednesday after the company said that it had reached new long-term supply and licensing agreements with Samsung Display Co. Ltd. The arrangement, which continues through 2022, states that Universal Display (OLED) will continue supplying OLED materials and technology to Samsung Display. The agreements could be extended for two more years beyond the 2022 expiration, Universal Display (OLED) said in a release.
BRIEF-Universal Display Corp - Sharp Corporation, Co Announce An Extended OLED Evaluation Agreement
Universal Display Corp(OLED): * Universal Display Corp(OLED) - SHARP CORPORATION AND CO ANNOUNCE AN EXTENDED OLED EVALUATION AGREEMENT. * Universal Display Corp (OLED) - DETAILS AND FINANCIAL TERMS OF AGREEMENT HAVE NOT BEEN DISCLOSED Source text for Eikon: Further company coverage:
BRIEF-Universal Display Corp Announces OLED Evaluation Agreement With Royole Corp
Universal Display Corp(OLED): * Universal Display Corp(OLED) - ANNOUNCED AN OLED EVALUATION AGREEMENT WITH ROYOLE CORPORATION. * Universal Display Corp (OLED) - DETAILS AND FINANCIAL TERMS OF AGREEMENT HAVE NOT BEEN DISCLOSED. * UNIVERSAL DISPLAY (OLED) - WILL SUPPLY ITS PROPRIETARY UNIVERSALPHOLED PHOSPHORESCENT OLED MATERIALS & TECHNOLOGY FOR ROYOLE'S DISPLAY APPLICATIONS Source text for Eikon: Further company coverage:
Universal Display stock jumps on new supply agreement
Shares of Universal Display Corp. are rising 5.1% in premarket trading Friday after the company announced a long-term agreement to supply organic light-emitting diode (OLED) materials to BOE Technology Group Co., a Chinese provider of display panels. Susquehanna analysts led by Medhi Hosseini wrote Friday that the arrangement, announced late Thursday, "provides confidence there will be further upside to earnings per share estimates" and also could serve as a "bargaining chip to use in the ongoing contract renewal negotiation with Samsung Display." Universal Display shares have gained 197% so far in 2017, compared with an 18% gain for the S&P 500 . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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