Qorvo Inc. closed 32.10% short of its 52-week high of $130.99, which the company reached on July 16th.

Qorvo Inc. closed 30.86% below its 52-week high of $130.99, which the company achieved on July 16th.

Apple stock rises after falling Thursday by 4%, the most since August, Qorvo stock jumps following a report that activist Starboard Value has amassed a large stake in the chip maker, and SLB stock trades higher after earnings top analysts’ estimates.

The Dow Jones Industrial Average, S&P 500, and Nasdaq all gained ... Shares of another semiconductor manufacturer, Qorvo (QRVO), soared on word that hedge fund Starboard Value took a 7.7% stake ...

For the week, the Dow and S&P 500 advanced 3.7% and 2.9%, respectively. Both indexes posted their biggest weekly advance since the week of the U.S. presidential election in November. The Nasdaq climbed 2.5% week to date for its best one-week performance since early December.

US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a slow trading day.

Thursday’s gains put the Dow Jones Industrial Average on pace to close in the green for a fifth straight session, and the major equity index has gained ground in all but one of the last nine ...

In midday trading, the Dow Jones Industrial Average fell 57 points, or 0.1%, to 44,507. The S&P 500 edged up 0.1%, and the Nasdaq was flat. All three major indexes are on pace for their second ...

Shares of Qorvo rose more than 13% in afternoon ... The S&P 500 rose 0.9%. The Dow Jones Industrial Average gained 304 points, or 0.7%. The tech-heavy Nasdaq Composite gained 1.5%.

Throughout the premarket and early selling, the Dow Jones Industrial Average ( DJI) has been outperforming. And now, with all the major averages off their lows, The Dow ( DJI) (NYSEARCA: DIA) -0.1% is close to the unchanged level, while the S&P ( SP500) ( SPY) -1.5% and Nasdaq (COMP.IND) ( QQQ) -2.4% are still deep in the red.

Stocks futures are pointing to a sharply lower open on Monday as technology stocks tumble on concerns about the competitive threat that China poses in the race to develop artificial intelligence.

Piper Sandler upgraded Qorvo (QRVO) to Overweight from Neutral with a price target of $110, up from $85. The firm cites the company’s potential