DJ Analog Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Analog Devices Inc. $(ADI)$ dropped 0.28% to $212.24 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,949.17 and Dow Jones Industrial Average falling 0.47% to 43,750.86.
This was the stock's fifth consecutive day of losses.
Analog Devices Inc. closed $31.90 below its 52-week high ($244.14), which the company reached on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 1.84% to $170.38, Texas Instruments Inc. $(TXN)$ rose 0.14% to $206.00, and KLA Corp. $(KLAC)$ rose 0.07% to $645.00.
Trading volume (3.2 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.
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(END) Dow Jones Newswires
November 14, 2024 16:43 ET (21:43 GMT)
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