DJ Analog Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Analog Devices Inc. $(ADI)$ slumped 0.01% to $230.14 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.
The stock's fall snapped a three-day winning streak.
Analog Devices Inc. closed $14.00 short of its 52-week high ($244.14), which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 0.57% to $172.02, Texas Instruments Inc. $(TXN)$ fell 0.53% to $205.83, and KLA Corp. $(KLAC)$ rose 0.19% to $674.35.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.
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(END) Dow Jones Newswires
October 28, 2024 16:42 ET (20:42 GMT)
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