Strength Seen in Cirrus Logic (CRUS): Can Its 16.5% Jump Turn into More Strength?

Cirrus Logic (CRUS) shares rallied 16.5% in the last trading session to close at $90.23. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.9% loss over the past four weeks.The increase in share price can be attributed to President Trump’s announcement of a 90-day suspension on reciprocal tariffs, with China excluded. This news triggered a sharp jump in market indices, lifting the prices of many stocks, inclu ...