DJ Qorvo Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Qorvo Inc. $(QRVO)$ slid 5.47% to $98.28 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.64% to 7,383.74 and Dow Jones Industrial Average falling 1.35% to 50,866.78.
This was the stock's second consecutive day of losses.
Qorvo Inc. closed 10.24% short of its 52-week high of $109.49, which the company reached on May 27th.
Despite its losses, the stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ fell 7.92% to $385.73, Qualcomm Inc. $(QCOM)$ fell 10.98% to $215.94, and Analog Devices Inc. $(ADI)$ fell 6.38% to $401.39.
Trading volume (988,114) remained 157,767 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2026.
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(END) Dow Jones Newswires
June 05, 2026 17:29 ET (21:29 GMT)
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