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OXIDE shares see profit-taking despite business tie-up with Polish laser maker for full-scale laser microfabrication business

Wed Apr 22, 2026 9:17 am JST Catalyst

OXIDE Corporation <6521> edged lower. The company, which specializes in oxide single crystals and optoelectronics technologies including laser sources and optical devices, has drawn market interest for its potential in AI data centers, defense, and space sectors. After the close on the 21st, OXIDE announced a partnership with Poland-based femtosecond laser maker Fluence to scale its laser microfabrication business. Under a new sales agency agreement, the company will distribute femtosecond lasers in Japan and across Asia.

On the previous day, the stock surged to its daily limit with a strong rally, supported by the 25-day moving average. However, today saw profit-taking by short-term investors dominating, partly as a reaction to the previous session's gains. That said, from a stock supply-demand perspective, short selling via the securities lending market by foreign brokerages has been building up recently, and once selling subsides, short covering could provide upward momentum to the stock price.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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