🟢 Tower Semiconductor is trading 4.4% up today as it rebounds from its recent pullback

Tower Semiconductor is trading at $243.61 (up 4.4%) as it rebounds from last week’s sharp pullback amid a broader risk-on tone in equity futures.

• The move follows a period of profit-taking and sector pressure that drove the stock down approximately 10% on July 24.
• Today’s strength is aligned with tech-led gains in Nasdaq benchmarks and a general shift toward risk-on sentiment in the broader market.