DJ Analog Devices Inc. Stock Underperforms Monday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. $(ADI)$ dropped 0.57% to $224.19 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
Analog Devices Inc. closed $19.95 below 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 0.22% to $168.55, Texas Instruments Inc. $(TXN)$ fell 0.61% to $203.66, and KLA Corp. $(KLAC)$ fell 0.90% to $663.37.
Trading volume (1.6 M) remained 1.1 million below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 16:42 ET (21:42 GMT)
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