Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones
01-23

DJ Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors

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

Shares of Skyworks Solutions Inc. $(SWKS)$ slipped 2.09% to $92.00 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.

The stock's fall snapped a two-day winning streak.

Skyworks Solutions Inc. closed 23.88% below its 52-week high of $120.86, which the company reached on July 16th.

The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 0.25% to $240.91, Qualcomm Inc. $(QCOM)$ rose 1.78% to $170.24, and Analog Devices Inc. $(ADI)$ rose 1.19% to $224.08.

Trading volume (2.8 M) eclipsed its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 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.

 

(END) Dow Jones Newswires

January 22, 2025 17:16 ET (22:16 GMT)

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