Qorvo Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones
03-04

DJ Qorvo Inc. Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Qorvo Inc. $(QRVO)$ slid 4.22% to $69.62 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.

Qorvo Inc. closed 46.85% short of its 52-week high of $130.99, which the company reached on July 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 6.05% to $187.37, Qualcomm Inc. $(QCOM)$ fell 2.26% to $153.62, and Analog Devices Inc. $(ADI)$ fell 0.67% to $228.53.

Trading volume (2.8 M) remained 663,251 below its 50-day average volume of 3.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.

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March 03, 2025 17:29 ET (22:29 GMT)

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