DJ Skyworks Solutions Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ dropped 0.16% to $83.43 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of losses.
Skyworks Solutions Inc. closed $37.43 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 Wednesday, as Broadcom Inc. $(AVGO)$ fell 1.27% to $163.25, Qualcomm Inc. $(QCOM)$ fell 6.34% to $154.27, and Analog Devices Inc. $(ADI)$ rose 0.28% to $211.01.
Trading volume (3.1 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 17:15 ET (22:15 GMT)
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