Tower Semiconductor Draws New $109 Million Institutional Stake Amid a 127% Stock Run

Amid a monster year for the stock, this new position suggests some investors still see runway left in Tower’s analog and data center exposure.Florida-based Hood River Capital Management reported a new position in Tower Semiconductor (TSEM 2.01%) valued at approximately 109.22million,accordingtoaNovember14SECfiling.WhatHappenedHoodRiverCapitalManagementestablishedanewpositioninTowerSemiconductor(TSEM2.01109.22 million, according to a November 14 SEC filing.What HappenedHood River Capital Management established a new position in Tower Semiconductor (TSEM 2.01%), acquiring 1.51 million shares valued at 109.22 million as of September 30, acco ...