Rambus stock price climbs nearly 5% into the MLK market break — what to watch for RMBS next
Rambus Inc. shares rose 4.77% to $107.99 Friday, trading near a 52-week high ahead of its Feb. 2 earnings call. The semiconductor index gained 1.2% while the broader market was flat. U.S. equity markets will close Monday for Martin Luther King Jr. Day. Friday’s options expiration added volatility, with analysts expecting larger moves next week.