DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Analog Devices Inc. $(ADI)$ rose 3.88% to $212.34 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
The stock's rise snapped a two-day losing streak.
Analog Devices Inc. closed 14.07% short of its 52-week high of $247.10, which the company reached on February 20th.
The stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 0.21% to $191.25, Texas Instruments Inc. $(TXN)$ rose 3.64% to $185.51, and KLA Corp. $(KLAC)$ rose 3.01% to $727.73.
Trading volume (3.4 M) remained 476,566 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 16:37 ET (20:37 GMT)
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