STORY: U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest weekly percentage gains since early November... and the Nasdaq registering its best week since early December.The Dow gained almost eight-tenths of a percent,

Shares of Qorvo Inc. QRVO inched 0.31% higher to $71.91 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,836.22 and the Dow Jones Industrial Average DJIA rising 0.86% to 42,297.12. The stock's rise snapped a two-day losing streak.

Qorvo has slipped 29% over the past year coming into today, due to tepid smartphone sales as Chinese customers have turned to lower-cost Android phones amid economic headwinds, along with a severe downturn in industrial chips.

Barclays analyst Tom O’Malley lowered the firm’s price target on Qorvo (QRVO) to $80 from $90 and keeps an Equal Weight rating on the shares as

The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.

Shares of both miners rose in London after Bloomberg reported that the companie

Enphase Energy ( ENPH) took the top spot for the most shorted S&P 500 ( SP500) stock as a percentage of float in December. As of Dec. 31, 15.51% of Enphase Energy’s ( ENPH) shares were sold short, compared to 14.76% at the end of November. The energy tech firm notched a sharp decline last year, with shares down -48%.

Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

The stock's fall snapped a three-day winning streak.

U.S. stocks closed a robust week with the S&P 500 and Dow posting significant gains. Despite inflation concerns and upcoming Trump policies, optimism over the economy and positive earnings reports bolstered investor sentiment.

The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to 5,996.66 and the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20.