DJ Skyworks Solutions Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Skyworks Solutions Inc. $(SWKS)$ rose 2.41% to $93.64 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.00% to 5,996.66 and the Dow Jones Industrial Average rising 0.78% to 43,487.83.
Skyworks Solutions Inc. closed 22.52% below its 52-week high of $120.86, which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 3.50% to $237.44, Qualcomm Inc. $(QCOM)$ rose 1.94% to $164.56, and Analog Devices Inc. $(ADI)$ rose 1.93% to $219.16.
Trading volume (2.1 M) remained 315,276 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 17, 2025.
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(END) Dow Jones Newswires
January 17, 2025 17:16 ET (22:16 GMT)
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