DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Analog Devices Inc. $(ADI)$ rose 1.19% to $224.08 Wednesday, on what proved to be an all-around great 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.
This was the stock's third consecutive day of gains.
Analog Devices Inc. closed 8.22% below its 52-week high of $244.14, which the company reached on July 17th.
The stock outperformed some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 0.25% to $240.91, Texas Instruments Inc. $(TXN)$ rose 0.93% to $197.05, and KLA Corp. $(KLAC)$ rose 0.61% to $771.91.
Trading volume (2.7 M) remained 532,920 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 16:39 ET (21:39 GMT)
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