DJ Skyworks Solutions Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ rallied 1.65% to $67.02 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,129.58 and the Dow Jones Industrial Average rising 0.02% to 44,556.34.
The stock's rise snapped a two-day losing streak.
Skyworks Solutions Inc. closed 44.55% 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 Tuesday, as Broadcom Inc. $(AVGO)$ fell 1.94% to $228.53, Qualcomm Inc. $(QCOM)$ rose 0.82% to $173.64, and Analog Devices Inc. $(ADI)$ rose 2.61% to $220.22.
Trading volume (3.1 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 18, 2025.
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February 18, 2025 17:21 ET (22:21 GMT)
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