DJ Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Skyworks Solutions Inc. $(SWKS)$ sank 0.03% to $92.63 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's fall snapped a three-day winning streak.
Skyworks Solutions Inc. closed $28.23 below its 52-week high ($120.86), which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 0.29% to $229.31, Qualcomm Inc. $(QCOM)$ fell 0.90% to $159.08, and Analog Devices Inc. $(ADI)$ rose 2.12% to $220.44.
Trading volume (2.4 M) remained 32,184 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 17:20 ET (22:20 GMT)
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