DJ Skyworks Solutions Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Skyworks Solutions Inc. $(SWKS)$ rose 1.03% to $88.49 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
This was the stock's third consecutive day of gains.
Skyworks Solutions Inc. closed $32.37 short of its 52-week high ($120.86), which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ rose 2.73% to $166.51, Qualcomm Inc. $(QCOM)$ rose 2.84% to $163.03, and Analog Devices Inc. $(ADI)$ rose 2.33% to $223.12.
Trading volume (2.1 M) remained 120,133 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 17:16 ET (22:16 GMT)
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