Amkor Technology Stock Jumps 6%: Why $1.15 Billion Debt Deal Has AMKR in Focus
Amkor Technology shares jumped 6.01% to $76.61 Friday after the company completed a $1.15 billion convertible note offering tied to advanced packaging expansion. Trading volume topped 5.3 million shares. The notes carry no interest and convert at $106.37, well above the current price. Amkor will hold its 2026 investor day in New York on May 21.