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M/A-Com (MTSI) Soars 21.6%: Is Further Upside Left in the Stock?
ZACKS·2025-04-10 21:05

M/A-Com (MTSI) shares ended the last trading session 21.6% higher at $106.59. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 13.2% loss over the past four weeks.The upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This chipmaker is expected to pos ...