Trio-Tech International is trading 5% higher at $11.81 as investors continue to focus on its automotive semiconductor burn-in contract.
- Announced September 17, the three-year contract requires approximately $4.7 million in minimum billings and has potential to reach $6 million.
- Reports linked the earlier share gain to the contract; no separate September 23 announcement was identified.
- With broader markets weaker, the move is company-specific rather than market-led.