This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qorvo Inc. shed 7.5% to $81.49 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.3% to 6,920.93 and Dow Jones Industrial Average falling 0.9% to 48,996.08.
The stock's fall snapped a three-day winning streak.
Qorvo Inc. closed 23.3% below its 52-week high of $106.30, which the company reached on October 28th.
The stock underperformed when compared to some of its peers, as Broadcom Inc. fell 0.1% to $343.50, Qualcomm Inc. fell 1.2% to $180.19, and Analog Devices Inc. remained unchanged.
Trading volume totaled 2.6 million, compared to the 50-day average of 1.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 07, 2026 16:33 ET (21:33 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments