Closing Glance: Semiconductors Climb
Monday March 24, 4:09 pm ET
Semiconductor Stocks Gain As Broader Market Climbs on Raised JPMorgan Offer for Bear Stearns
NEW YORK (AP) -- Shares of most semiconductor makers jumped Monday as Wall Street saw broad gains following news that JPMorgan is increasing its buyout offer for Bear Stearns.
Investors were also upbeat about a better-than-expected housing report.
Here is how some key semiconductor stocks performed Monday:
Intel Corp., up 38 cents to $22.13
Advanced Micro Devices Inc., up 10 cents to $6.21
Texas Instruments Inc., up 79 cents, or 2.8 percent, to $29.07
National Semiconductor Corp., up 73 cents, or 4 percent, to $18.97
surf's up......crikey