RTTNews | May 10, 2021 10:15AM EDT

10:14 Monday, May 10, 2021 (RTTNews.com) - Shares of semiconductor company SemiLEDs Corporation (LEDS) are surging more than 40% Monday morning at 11.44.

There have been no company-specific news that could be attributed to the stock's upward movement.

SemiLEDs is continuing its rally from last week, when it jumped more than 3-fold from the opening price of $3.69 on Monday, May 3.

LEDS has traded in the range of $1.93- $13.44 in the past 52 weeks.

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