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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