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 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.