DJ Skyworks Solutions Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Skyworks Solutions Inc. $(SWKS)$ advanced 1.68% to $87.87 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.
Skyworks Solutions Inc. closed $32.99 short of its 52-week high ($120.86), which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 5.31% to $179.53, Qualcomm Inc. $(QCOM)$ fell 0.55% to $159.51, and Analog Devices Inc. $(ADI)$ rose 1.70% to $218.20.
Trading volume (3.2 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.
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(END) Dow Jones Newswires
December 06, 2024 17:16 ET (22:16 GMT)
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