Universal Display Falls More Than 8% (PANL)

Universal Display Corporation PANL has lost 8.35% during Tuesday's trading session. The stock is up more than 45% over the last 3 months. Volume has been heavy during the session with more than 868,000 PANL shares trading hands compared to a 3-month daily average of 724,000. Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED), technologies for use in flat panel display, solid-state lighting and other applications.