DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. $(ADI)$ rose 1.06% to $225.48 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,728.80 and the Dow Jones Industrial Average rising 0.69% to 42,052.19.
The stock's rise snapped a two-day losing streak.
Analog Devices Inc. closed $18.66 short of its 52-week high ($244.14), which the company reached on July 17th.
The stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ fell 0.50% to $168.92, Texas Instruments Inc. $(TXN)$ rose 0.87% to $204.92, and KLA Corp. $(KLAC)$ rose 0.47% to $669.38.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2024.
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(END) Dow Jones Newswires
November 01, 2024 16:42 ET (20:42 GMT)
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