Spreadtrum Communications Inc. (SPRD) traded to the downside for the majority of Friday's session and closed lower by 1.42 at $15.95 on above average volume.
Spreadtrum Communications has been declining for nearly a week and closed Friday at over a 6-month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.