DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rose 3.28% to $71.39 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.13% to 5,638.94 and the Dow Jones Industrial Average rising 1.65% to 41,488.19.
The stock's rise snapped a four-day losing streak.
Qorvo Inc. closed 45.50% short of its 52-week high of $130.99, which the company reached on July 16th.
The stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 2.18% to $195.54, Qualcomm Inc. $(QCOM)$ rose 3.05% to $156.58, and Analog Devices Inc. $(ADI)$ rose 2.43% to $208.75.
Trading volume (1.6 M) remained 1.3 million below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.
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(END) Dow Jones Newswires
March 14, 2025 17:28 ET (21:28 GMT)
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