Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day

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DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Qorvo Inc. $(QRVO)$ rose 1.73% to $69.51 Monday, on what proved to be an all-around grim 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.

The stock's rise snapped a four-day losing streak.

Qorvo Inc. closed $61.48 below its 52-week high ($130.99), which the company achieved on July 16th.

The stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 0.33% to $178.94, Qualcomm Inc. $(QCOM)$ rose 0.77% to $160.74, and Analog Devices Inc. $(ADI)$ rose 0.81% to $219.04.

Trading volume (2.3 M) eclipsed its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.

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December 09, 2024 17:21 ET (22:21 GMT)

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