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Beaten-down Universal Display (PANL +9.6%) is up sharply. A likely reason: a Reuters column...
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Thursday, December 6, 2012, 11:17 AM ETBeaten-down Universal Display (PANL +9.6%) is up sharply. A likely reason: a Reuters column discussing expectations Samsung's (SSNLF.PK) Galaxy S IV will feature an "unbreakable" plastic display. That suggests the use of PANL's flexible OLED tech. Shares were crushed in November thanks to a Q3 miss blamed on Samsung's decision to hold off on ramping the use of PANL's green materials in its OLED displays. 30.7% of the float was shorted as of Nov. 15. (also: I, II)
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