DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Analog Devices Inc. $(ADI)$ rallied 1.40% to $211.68 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.64% to 5,675.12 and the Dow Jones Industrial Average rising 0.85% to 41,841.63.
This was the stock's second consecutive day of gains.
Analog Devices Inc. closed 14.33% below its 52-week high of $247.10, which the company reached on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 0.53% to $194.50, Texas Instruments Inc. $(TXN)$ rose 2.02% to $179.99, and KLA Corp. $(KLAC)$ rose 0.74% to $718.29.
Trading volume (2.5 M) remained 1.4 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2025.
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(END) Dow Jones Newswires
March 17, 2025 16:38 ET (20:38 GMT)
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