Analog Devices Inc. Stock Climbs 5.4%, Outperforms Peers

Dow Jones06-03 04:35

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

Shares of Analog Devices Inc. advanced 5.4% to $423.20 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.1% to 7,609.78 and the Dow Jones Industrial Average rising 0.4% to 51,307.79.

The stock's rise snapped a two-day losing streak.

Analog Devices Inc. closed 2.9% short of its 52-week high of $435.72, which the company reached on May 13th.

The stock demonstrated a mixed performance when compared to some of its peers, as Broadcom Inc. rose 4.7% to $481.57, Texas Instruments Inc. rose 5.1% to $308.12, and KLA Corp. rose 5.42% to $2,045.20.

Trading volume totaled 4.7 million, compared to the 50-day average of 3.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 02, 2026 16:35 ET (20:35 GMT)

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