Universal Display Corporation (NASDAQ: OLED) experienced a notable surge in stock prices on the US stock charts following a significant acknowledgment. Last Friday, shares of OLED rose by 5.19% in after-hours trading, reaching $220.00, building on a 3.01% rise during the regular session, which concluded at $209.15. This surge in stock price followed Universal Display’s inclusion in a prestigious list recognizing its commitment to innovation.
Fast Company Recognizes OLED as Best Workplaces for Innovators
Inclusion in Fast Company’s sixth annual list of Best Workplaces for Innovators was a recent distinction for Universal Display. This list honors businesses that exhibit a steadfast dedication to promoting innovation at all levels. The editors of Fast Company examined entries from all across the world, assessing investments, workplace cultures, and initiatives to choose the most inventive businesses globally. OLED received particular recognition as a candidate in the Science & Technology category because to its exceptional achievements.
Being recognized in this way is a testament to Universal Display’s creative, cooperative, and welcoming culture, all of which have been crucial to the company’s success since its inception. The firm has continuously pushed the worldwide progress of organic light-emitting diode technology, serving as a pioneer in the OLED ecosystem.
Impact of Innovation Worldwide in All Industries
The companies on Fast Company’s list, which includes companies across a range of sectors like technology, finance, biotech, and e-commerce, all still place a high premium on innovation. These companies span a wide range of industries, with four of the top ten this year having headquarters outside of the US. Universal Display’s inclusion further cements its position as a global leader in OLED innovation.
Recent Milestones and Contributions to the Universal Display Industry
Universal Display’s achievements extend beyond recognition, as evidenced by the recent keynote address delivered by Executive Vice President and Chief Technical Officer, Dr. Julie Brown, at the 24th International Meeting on Information Display (IMID 2024). The company also announced the recipients of its prestigious UDC Innovative Research and Pioneering Technology Awards, underscoring its continued support for students and researchers in the field of organic electronics and displays.
