Tower Semiconductor stock jumps into MLK Day break; what traders watch next for TSEM shares
Tower Semiconductor shares rose 4.7% to $129.83 Friday, nearing a 52-week high ahead of the U.S. market closure for Martin Luther King Jr. Day. Trading resumes Tuesday. The company has not confirmed its next earnings date, with Nasdaq listing Feb. 9 as a placeholder. The Federal Reserve’s next policy meeting is set for Jan. 27-28.