DJ Skyworks Solutions Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Skyworks Solutions Inc. $(SWKS)$ inched 0.08% higher to $90.42 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
This was the stock's fourth consecutive day of gains.
Skyworks Solutions Inc. closed $30.44 below its 52-week high ($120.86), which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 2.37% to $245.36, Qualcomm Inc. $(QCOM)$ fell 0.52% to $158.53, and Analog Devices Inc. $(ADI)$ fell 0.01% to $218.06.
Trading volume (1.1 M) remained 1.3 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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(END) Dow Jones Newswires
December 26, 2024 17:21 ET (22:21 GMT)
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