DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rose 1.27% to $72.41 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,611.85 and the Dow Jones Industrial Average rising 1.00% to 42,001.76.
The stock's rise snapped a three-day losing streak.
Qorvo Inc. closed 44.72% below its 52-week high of $130.99, which the company achieved on July 16th.
The stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 1.00% to $167.43, Qualcomm Inc. $(QCOM)$ rose 0.58% to $153.61, and Analog Devices Inc. $(ADI)$ rose 0.05% to $201.67.
Trading volume (1.6 M) remained 1.2 million below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 31, 2025.
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(END) Dow Jones Newswires
March 31, 2025 17:29 ET (21:29 GMT)
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