🔴 TSEM is trading 5.9% down today on profit-taking after a sharp rally

TSEM is trading at $254.06 (-5.86%) in pre-market as the stock extends its decline following a significant recent run-up.

• The downward move suggests fading momentum after the stock previously fell 10.79% on June 23 and 1.98% on June 25.
• No major company-specific catalysts were identified; the selloff likely reflects a valuation reset and profit-taking amid softer sentiment across the broader technology sector.