- The firm asserts Novaled provides materials for "the electron and hole injecting and transport layers" of an OLED display. Whereas Universal Display (OLED -6.9%) provides host/emitter materials.
- Universal shares are bouncing from the day's lows, but are still off sharply.
- Previous: Samsung reportedly close to buying Novaled
- Update: Oppenheimer is also defending Universal. Its arguments mirror Wedbush's.