DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ advanced 2.14% to $72.14 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
This was the stock's second consecutive day of gains.
Qorvo Inc. closed $58.85 short of its 52-week high ($130.99), which the company reached on July 16th.
The stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ rose 1.66% to $236.41, Qualcomm Inc. $(QCOM)$ rose 1.28% to $159.85, and Analog Devices Inc. $(ADI)$ rose 1.22% to $218.00.
Trading volume (2.7 M) remained 233,373 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 17:37 ET (22:37 GMT)
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