Analog Devices Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

Dow Jones
01-31

DJ Analog Devices Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Analog Devices Inc. $(ADI)$ rose 1.19% to $212.40 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.

This was the stock's second consecutive day of gains.

Analog Devices Inc. closed 13.00% below its 52-week high of $244.14, which the company achieved on July 17th.

The stock underperformed when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 4.51% to $215.66, Texas Instruments Inc. $(TXN)$ rose 2.77% to $185.27, and KLA Corp. $(KLAC)$ rose 4.13% to $742.43.

Trading volume (2.9 M) remained 361,746 below its 50-day average volume of 3.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.

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January 30, 2025 16:39 ET (21:39 GMT)

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