DJ Skyworks Solutions Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ inched 0.99% higher to $84.00 Thursday, on what proved to be an all-around grim 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.
The stock's rise snapped a four-day losing streak.
Skyworks Solutions Inc. closed $36.86 below its 52-week high ($120.86), which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 1.84% to $170.38, Qualcomm Inc. $(QCOM)$ rose 2.21% to $163.97, and Analog Devices Inc. $(ADI)$ fell 0.28% to $212.24.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.
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(END) Dow Jones Newswires
November 14, 2024 17:16 ET (22:16 GMT)
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