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

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

Since its launch in July 2022 to year-end 2024, the S&P 500 Equal Weight ESG Index achieved a cumulative outperformance of 0.86% compared to its benchmark, the S&P 500 Equal Weight Index.

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.

Shares of the company rose over 8% in premarket trading. The Apple supplier has been grappling with stiff competition and slowing orders for its smartphone chips as consumers gravitate towards entry-tier smartphones,

U.S. equities were higher at midday Friday as positive reports on inflation raised investor optimism for more Federal Reserve rate cuts ahead.

Qorvo stock is soaring Friday after activist investor Starboard Value disclosed a new stake in the Apple supplier. Here's what investors need to know.