DJ Qorvo Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Qorvo Inc. $(QRVO)$ shed 1.04% to $65.61 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
Qorvo Inc. closed $65.38 short of its 52-week high ($130.99), which the company achieved on July 16th.
Despite its losses, the stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ fell 3.25% to $164.84, Qualcomm Inc. $(QCOM)$ fell 2.12% to $160.50, and Analog Devices Inc. $(ADI)$ fell 2.78% to $206.35.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:21 ET (22:21 GMT)
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