DJ Analog Devices Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Analog Devices Inc. $(ADI)$ shed 3.66% to $212.37 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
Analog Devices Inc. closed $31.77 short of its 52-week high ($244.14), which the company achieved on July 17th.
The stock underperformed when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ fell 2.18% to $224.31, Texas Instruments Inc. $(TXN)$ fell 0.79% to $190.15, and KLA Corp. $(KLAC)$ fell 0.46% to $683.06.
Trading volume (4.0 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 16:40 ET (21:40 GMT)
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