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LEDS Semileds News Story

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SemiLEDs surges 12%, bounces back from recent dip

** Shares of SemiLEDs Corp  LEDS.O  surging 12% on Fri, but
still down sharply from the co's high following a recent rally
    ** The manufacturer of ultra-high brightness light emitting
diode (LED) chips saw its stock jump 87% in June through Tues
before losing ground in recent sessions
    ** LEDS is up ~470% YTD vs Nasdaq's  .IXIC  9% increase
    ** Fri's selloff put LEDS market cap at $93 mln, per
Refintiv data

 ((noel.randewich@tr.com; (415) 677 2542, Twitter: @randewich;))

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