Skyworks Solutions Inc. Stock Falls 5.3%, Underperforms Competitors

Dow Jones2025-03-12

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

Shares of Skyworks Solutions Inc. slid 5.3% to $68.23 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.8% to 5,572.07 and Dow Jones Industrial Average falling 1.1% to 41,433.48.

This was the stock's second consecutive day of losses.

Skyworks Solutions Inc. closed 43.5% short of its 52-week high of $120.86, which the company reached on July 16th.

The stock underperformed when compared to some of its competitors, as Broadcom Inc. rose 3.1% to $190.09, Qualcomm Inc. fell 1.2% to $153.10, and Analog Devices Inc. fell 3.32% to $209.08.

Trading volume totaled 4.2 million, compared to the 50-day average of 3.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 11, 2025 16:34 ET (20:34 GMT)

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