Analog Devices Inc. Stock Underperforms Thursday When Compared To Competitors

Dow Jones
01-03

DJ Analog Devices Inc. Stock Underperforms Thursday When Compared To Competitors

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

Shares of Analog Devices Inc. $(ADI)$ dropped 0.52% to $211.35 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.

This was the stock's fifth consecutive day of losses.

Analog Devices Inc. closed $32.79 below its 52-week high ($244.14), which the company reached on July 17th.

The stock underperformed when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 0.06% to $231.98, Texas Instruments Inc. $(TXN)$ fell 0.30% to $186.95, and KLA Corp. $(KLAC)$ rose 1.03% to $636.62.

Trading volume (2.4 M) remained 697,403 below its 50-day average volume of 3.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

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January 02, 2025 16:42 ET (21:42 GMT)

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