We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where Qorvo, Inc. (NASDAQ:QRVO) stands against the other stocks that were skyrocketing on Friday.

Activist investor Starboard Value has amassed a stake in chip maker Qorvo that’s worth billions of dollars, according to a report from The Wall Street Journal. Starboard owns 7.7% of Qorvo, the Journal said,

Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard Value has acquired a 7.7% stake in the company.

Fifth Third Wealth Advisors LLC bought a new position in shares of Qorvo, Inc. (NASDAQ:QRVO – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 2,883 shares of the semiconductor company’s stock,

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Qorvo shares rose in early trading Friday after a Wall Street Journal report found that activist investor Starboard Value has built a big stake in the chip maker and is looking to push for changes. Shares rose 7.3% higher in premarket trading at $78.99.

Shares of communications chips maker Qorvo (NASDAQ: QRVO) jumped 11.9% in the morning session after activist investor, Starboard Value, disclosed a 7.7% stake in the company. This move is noteworthy given that activist investors often bring about significant changes in targeted companies,

Activist investor Starboard Value has built a 7.7% stake in Qorvo, the Wall Street Journal reported on Thursday, citing people familiar with the matter. (Reporting by Gnaneshwar Rajan in

Ahead of the event, analysts expect Qorvo to report a profit of $0.87 per share, down 53.9% from $1.89 per share reported in the year-ago quarter. The company has surpassed Wall Street’s ...

Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.