RTTNews | Dec 30, 2020 10:33AM EST

10:33 Wednesday, December 30, 2020 (RTTNews.com) - Shares of ACM Research Inc. (ACMR) are currently gaining over 17% despite no stock-related news to drive the shares. Meanwhile, major U.S. stock indexes opened higher on Wednesday morning, particularly on COVID-19 vaccine optimism.

ACMR is currently trading at $78.68, up $11.51 or 17.14%, on the Nasdaq.

ACM Research develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide.

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