DJ Skyworks Solutions Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Skyworks Solutions Inc. $(SWKS)$ slid 3.98% to $64.12 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.59% to 5,861.57 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
Skyworks Solutions Inc. closed 46.95% short of its 52-week high of $120.86, which the company achieved on July 16th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 7.11% to $197.80, Qualcomm Inc. $(QCOM)$ fell 4.73% to $154.44, and Analog Devices Inc. $(ADI)$ fell 4.23% to $223.85.
Trading volume (3.3 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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(END) Dow Jones Newswires
February 27, 2025 17:20 ET (22:20 GMT)
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