DJ Analog Devices Inc. Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. $(ADI)$ inched 0.70% higher to $217.12 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
Analog Devices Inc. closed $27.02 below its 52-week high ($244.14), which the company achieved on July 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 6.63% to $183.20, Texas Instruments Inc. $(TXN)$ rose 0.80% to $191.70, and KLA Corp. $(KLAC)$ rose 1.09% to $648.84.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
December 11, 2024 16:42 ET (21:42 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments