United Microelectronics (UMC) Touches 3-Year high on New Memory Development

We recently published 10 Stocks Breaking Records While Wall Street Bleeds. United Microelectronics Corp. (NYSE:UMC) was one of the top performers on Tuesday. United Microelectronics jumped to a new three-year high on Tuesday, as investors took heart from the successful development of a superflash memory capable of working reliably in extreme conditions. At intra-day trading, the stock surged to its highest price of $10.93 before trimming gains to finish the session just up by 15.91 percent at $10.78 apie ...