DJ Skyworks Solutions Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Skyworks Solutions Inc. $(SWKS)$ rallied 1.35% to $86.37 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
The stock's rise snapped a three-day losing streak.
Skyworks Solutions Inc. closed 28.54% below its 52-week high of $120.86, which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ rose 2.16% to $222.43, Qualcomm Inc. $(QCOM)$ rose 1.64% to $173.04, and Analog Devices Inc. $(ADI)$ rose 0.38% to $206.01.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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February 04, 2025 17:18 ET (22:18 GMT)
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