DJ Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Skyworks Solutions Inc. $(SWKS)$ slid 4.43% to $83.18 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's fourth consecutive day of losses.
Skyworks Solutions Inc. closed $37.68 short of its 52-week high ($120.86), which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 1.50% to $173.58, Qualcomm Inc. $(QCOM)$ fell 1.83% to $160.42, and Analog Devices Inc. $(ADI)$ fell 3.06% to $212.84.
Trading volume (5.7 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:15 ET (22:15 GMT)
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