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Why Luckin Coffee, Tower Semiconductor, And ICICI Bank Jumped Today


Monday’s trading session didn’t show much of a firm direction for the stock market, as some major benchmarks rose while others gave up ground. There’s a lot of uncertainty among investors that’s coming to a head in the next few days, with probably the most awaited news set to come from the Federal Reserve in the middle of the week. Even with some market participants on hold waiting for the latest reading on interest rates, some companies saw their shares climb higher. Luckin Coffee (NASDAQ:LK)Tower Semiconductor (NASDAQ:TSEM), and ICICI Bank (NYSE:IBN) were among the top performers. Here’s why they did so well.

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