DJ Skyworks Solutions Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ inched 0.29% higher to $88.68 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.43% to 5,881.63 and Dow Jones Industrial Average falling 0.07% to 42,544.22.
The stock's rise snapped a two-day losing streak.
Skyworks Solutions Inc. closed $32.18 below its 52-week high ($120.86), which the company reached on July 16th.
The stock outperformed some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ fell 1.59% to $231.84, Qualcomm Inc. $(QCOM)$ fell 0.62% to $153.62, and Analog Devices Inc. $(ADI)$ fell 0.05% to $212.46.
Trading volume (1.6 M) remained 884,474 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 31, 2024.
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(END) Dow Jones Newswires
December 31, 2024 17:21 ET (22:21 GMT)
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