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Technology Stocks : Veeco Instruments-Who?
VECO 28.75-1.4%Oct 31 9:30 AM EDT

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From: Sam9/8/2010 3:11:46 PM
   of 3069
 
Veeco and other LED companies hit by downgrade

NEW YORK (MarketWatch) -- Light-Emitting-Diode, or LED, companies stumbled Wednesday after Avian Securities downgraded Aixtron AG /quotes/comstock/15*!aixg/quotes/nls/aixg (AIXG 24.69, -1.48, -5.64%) and Veeco Instruments Inc. /quotes/comstock/15*!veco/quotes/nls/veco (VECO 33.09, -3.38, -9.27%) from positive to neutral. Shares of Aixtron fell 5.7% while Veeco stumbled 8.9%. Shares of another company in the sector were also hit, with Cree Inc. /quotes/comstock/15*!cree/quotes/nls/cree (CREE 50.25, -4.35, -7.97%) off 5.3%.
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