This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qorvo Inc. slipped 9.9% to $50.81 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.6% to 4,982.77 and Dow Jones Industrial Average falling 0.8% to 37,645.59.
Qorvo Inc. closed 61.2% below its 52-week high of $130.99, which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors, as Broadcom Inc. rose 1.2% to $156.03, Qualcomm Inc. fell 3.9% to $124.66, and Analog Devices Inc. fell 3.06% to $166.09.
Trading volume totaled 6.1 million, compared to the 50-day average of 2.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 08, 2025 16:33 ET (20:33 GMT)
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