🟢 Power Integrations is trading 4.46% up today amid a broader tech and semiconductor rebound

Power Integrations is trading 4.46% up now at $45.81, in a move consistent with a broader technology and semiconductor recovery.

• The shares are rebounding after declining 10.54% on October 30.
• Monday market coverage described tech shares rebounding after Friday’s selloff; semiconductor stocks also strengthened in Asian trading.
• No clear Power Integrations-specific announcement was found for November 2; the company’s next scheduled catalyst is its November 4 third-quarter results.