Skyworks Solutions Inc. Stock Falls 4.9%, Underperforms Peers

Dow Jones04:34

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

Shares of Skyworks Solutions Inc. slipped 4.9% to $85.59 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,551.81 and Dow Jones Industrial Average falling 1.2% to 51,461.90.

Skyworks Solutions Inc. closed 7.3% short of its 52-week high of $92.30, which the company achieved on September 11th.

The stock underperformed when compared to some of its peers, as Broadcom Inc. rose 0.1% to $339.51, Qualcomm Inc. fell 1.6% to $184.84, and Analog Devices Inc. rose 0.19% to $362.04.

Trading volume totaled 7.9 million, compared to the 50-day average of 6.1 million.

Data source: Dow Jones Market Data, FactSet

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