Tessera Technologies Inc. (TSRA) reported fourth quarter adjusted net income of $0.18 per share after the close Thursday, compared to $0.44 in the prior year period.
Tessera Technologies climbed steadily during the first half of the morning Friday, but was range-bound for the remainder of the session. Shares finished up by 1.63 at $19.90 on above average volume. The stock rose above a 3-week range and set nearly a 9-month high.
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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.