Skyworks Solutions Inc. Stock Sheds 10.7%, Underperforms Competitors

Dow Jones2025-04-11

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

Shares of Skyworks Solutions Inc. tumbled 10.7% to $53.84 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.5% to 5,268.05 and Dow Jones Industrial Average falling 2.5% to 39,593.66.

Skyworks Solutions Inc. closed 55.5% below its 52-week high of $120.86, which the company achieved on July 16th.

The stock underperformed when compared to some of its competitors, as Broadcom Inc. fell 6.9% to $172.30, Qualcomm Inc. fell 6.4% to $134.40, and Analog Devices Inc. fell 9.29% to $178.36.

Trading volume totaled 6.7 million, compared to the 50-day average of 4.2 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 10, 2025 16:34 ET (20:34 GMT)

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