Rambus Stock Rises Heading Into Memorial Day as AI Memory Stocks Wait for Next Move
Rambus Inc. finished the week up 12.5%, closing Friday at $142.98. Investors bought back in ahead of the long U.S. market weekend. Rambus beat the Nasdaq Composite’s 0.5% gain and the PHLX semiconductor index, which added about 5.3%. Markets are paused for the holiday. Nasdaq lists U.S. equity markets as closed on Monday, May 25, for Memorial Day. Regular trading comes back Tuesday, 9:30 a.m. to 4 p.m. Eastern.