DJ Qorvo Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Qorvo Inc. $(QRVO)$ shed 0.07% to $69.59 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
The stock's fall snapped a two-day winning streak.
Qorvo Inc. closed $61.40 below its 52-week high ($130.99), which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 24.43% to $224.80, Qualcomm Inc. $(QCOM)$ rose 0.18% to $158.53, and Analog Devices Inc. $(ADI)$ fell 0.51% to $216.61.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 17:20 ET (22:20 GMT)
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