QLogic Corp. (QLGC) rose sharply during the first half hour of Friday's session, but traded in a narrow range for the remainder of the day. Shares finished up by $1.33 at $16.07 on the highest volume of the year.
QLogic Corp. climbed above a 2 1/2 week trading range Friday and closed at an 11-month high.
For comments and feedback contact: editorial@rttnews.com
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.