BE Semiconductor Up, Orsted Rises, BAT Down
On This episode of Stock Movers:
- Orsted filed a legal complaint after the Trump administration suspended the lease of a wind project that’s near completion off Rhode Island. Orsted rose as much as 3.7% at the open on Friday.
- BE Semiconductor Industries climbs as much as 8.2% on Friday, the most since October, boosted by a rally in Asian technology stocks, led by chipmakers and artificial intelligence-related names.
- British American Tobacco shares fall as much as 2.7%, hitting the lowest intraday level since Dec. 9., after its Indian subsidiary ITC dropped in response to the government’s move to sharply raise excise duty on cigarettes.
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