DJ Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Skyworks Solutions Inc. $(SWKS)$ shed 1.17% to $70.05 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,675.29 and the Dow Jones Industrial Average rising 0.92% to 41,964.63.
The stock's fall snapped a three-day winning streak.
Skyworks Solutions Inc. closed 42.04% 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 Wednesday, as Broadcom Inc. $(AVGO)$ rose 3.66% to $195.57, Qualcomm Inc. $(QCOM)$ rose 1.26% to $158.26, and Analog Devices Inc. $(ADI)$ rose 0.39% to $209.97.
Trading volume (2.9 M) remained 596,114 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 19, 2025.
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(END) Dow Jones Newswires
March 19, 2025 17:19 ET (21:19 GMT)
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