DJ Skyworks Solutions Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ rallied 1.47% to $66.19 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
This was the stock's second consecutive day of gains.
Skyworks Solutions Inc. closed 45.23% short of its 52-week high of $120.86, which the company reached on July 16th.
The stock outperformed some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 0.56% to $236.35, Qualcomm Inc. $(QCOM)$ fell 0.99% to $170.29, and Analog Devices Inc. $(ADI)$ rose 0.82% to $205.13.
Trading volume (2.8 M) remained 154,546 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 17:21 ET (22:21 GMT)
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