Magnachip Semiconductor Stock Jumps 23% as New BatteryFET Puts Q1 Earnings in Focus
Magnachip Semiconductor Corp’s U.S. shares jumped roughly 23% late Friday, building on steep gains ahead of its first-quarter results. The stock last traded at $5.25, a 98-cent rise from the prior close, after reaching an intraday high of $5.63. According to company data, MX closed at $3.36 on Monday and $4.27 on Thursday.