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
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