Skyworks Solutions Inc. Stock Rises 8.5%, Outperforms Market

Dow Jones2025-03-08

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

Shares of Skyworks Solutions Inc. rose 8.5% to $72.61 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,770.20 and the Dow Jones Industrial Average rising 0.5% to 42,801.72.

Skyworks Solutions Inc. closed 39.9% below its 52-week high of $120.86, which the company reached on July 16th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Broadcom Inc. rose 8.6% to $194.96, Qualcomm Inc. rose 3.3% to $161.22, and Analog Devices Inc. rose 1.39% to $225.86.

Trading volume totaled 5.8 million, compared to the 50-day average of 3.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 07, 2025 16:33 ET (21:33 GMT)

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