Universal Display Corp OLED:NASDAQ

Last Price$183.05NASDAQ Closing Price as of 4:00PM ET 9/19/19

Today's Change+4.61(2.58%)
Bid (Size)$182.00 (1)
Ask (Size)$188.39 (2)
Day Low / High$178.85 - 186.20
Volume757.3 K

Universal Display Collaborates With Germany-Based Merck KGaA on OLED Technology

12:08PM ET 8/05/2019 MT Newswires
Universal Display (OLED) on Monday and and Germany-based Merck KGaA entered into a research and development collaboration in the OLED field.

Under the agreement, the two companies join their know-how to accelerate the development of new products and further advance OLED technology. The joint development program brings together Universal Display's expertise in phosphorescent OLED emitters and transport materials from Merck KGaA.

According to a statement, the goal is to develop higher performing OLED stacks for OLED manufacturers around the world.

Shares were down 5% in intraday trading.

Price: 195.03, Change: -10.46, Percent Change: -5.09