Skyworks Solutions Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones04-20

DJ Skyworks Solutions Inc. Stock Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

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.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

April 19, 2024 17:15 ET (21:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment