This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qorvo Inc. shed 6.8% to $77.18 on what proved to be an all-around mediocre trading session for the stock market, with the S&P 500 Index holding mostly steady at 6,978.03 and the Dow Jones Industrial Average remaining mostly unchanged at 49,015.60.
The stock's fall snapped a two-day winning streak.
Qorvo Inc. closed 27.4% below its 52-week high of $106.30, which the company achieved on October 28th.
The stock underperformed when compared to some of its peers, as Broadcom Inc. rose 0.1% to $333.24, Qualcomm Inc. fell 0.2% to $152.70, and Analog Devices Inc. rose 4.54% to $317.63.
Trading volume totaled 5.7 million, compared to the 50-day average of 1.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 28, 2026 16:34 ET (21:34 GMT)
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