DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rose 1.43% to $57.63 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,282.70 and the Dow Jones Industrial Average falling 1.33% to 39,142.23.
The stock's rise snapped a two-day losing streak.
Qorvo Inc. closed 56.00% short of its 52-week high of $130.99, which the company achieved on July 16th.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 2.07% to $170.99, Qualcomm Inc. $(QCOM)$ rose 0.68% to $136.66, and Analog Devices Inc. $(ADI)$ rose 0.19% to $176.27.
Trading volume (1.2 M) remained 1.5 million below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 17, 2025.
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April 17, 2025 17:32 ET (21:32 GMT)
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