DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ inched 0.44% higher to $68.80 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
Qorvo Inc. closed $62.19 short of its 52-week high ($130.99), which the company achieved on July 16th.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 2.37% to $218.32, Qualcomm Inc. $(QCOM)$ fell 1.73% to $150.40, and Analog Devices Inc. $(ADI)$ rose 0.00% to $207.78.
Trading volume (3.9 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:28 ET (22:28 GMT)
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