DJ Skyworks Solutions Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ slid 1.55% to $96.11 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.56% to 37,986.40 and the S&P 500 Index falling 0.88% to 4,967.23.
This was the stock's sixth consecutive day of losses.
Skyworks Solutions Inc. closed $19.58 short of its 52-week high ($115.69), which the company achieved on July 17th.
Despite its losses, the stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ fell 4.31% to $1,204.71, Qualcomm Inc. $(QCOM)$ fell 2.36% to $157.63, and Analog Devices Inc. $(ADI)$ fell 2.25% to $183.36.
Trading volume (2.6 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2024.
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(END) Dow Jones Newswires
April 19, 2024 17:15 ET (21:15 GMT)
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