DJ Skyworks Solutions Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Skyworks Solutions Inc. $(SWKS)$ inched 0.36% higher to $83.99 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
Skyworks Solutions Inc. closed $36.87 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 Monday, as Broadcom Inc. $(AVGO)$ rose 0.50% to $165.67, Qualcomm Inc. $(QCOM)$ rose 2.49% to $164.50, and Analog Devices Inc. $(ADI)$ rose 1.60% to $209.65.
Trading volume (3.0 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:15 ET (22:15 GMT)
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