DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. $(ADI)$ inched 0.81% higher to $219.04 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's second consecutive day of gains.
Analog Devices Inc. closed $25.10 short of its 52-week high ($244.14), which the company reached on July 17th.
The stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 0.33% to $178.94, Texas Instruments Inc. $(TXN)$ rose 0.18% to $193.45, and KLA Corp. $(KLAC)$ rose 0.62% to $652.37.
Trading volume (2.3 M) remained 493,409 below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 16:43 ET (21:43 GMT)
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