Entropic Communications (ENTR) rose sharply during the first 45 minutes of trade Friday and extended its gains late in the afternoon. The stock closed up by 0.98 at $6.66, with volume at over an 11-month high.
Entropic Communications has been climbing for the last week and a half and closed Friday at a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.