DJ Analog Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Analog Devices Inc. $(ADI)$ shed 1.36% to $203.80 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.39% to 5,521.52 and Dow Jones Industrial Average falling 1.30% to 40,813.57.
This was the stock's fourth consecutive day of losses.
Analog Devices Inc. closed 17.52% short of its 52-week high of $247.10, which the company achieved on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 1.48% to $191.36, Texas Instruments Inc. $(TXN)$ fell 1.20% to $173.60, and KLA Corp. $(KLAC)$ rose 0.16% to $681.50.
Trading volume (2.6 M) remained 1.3 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2025.
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March 13, 2025 16:39 ET (20:39 GMT)
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