DJ Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Skyworks Solutions Inc. $(SWKS)$ slid 2.68% to $55.86 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.24% to 5,275.70 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
This was the stock's second consecutive day of losses.
Skyworks Solutions Inc. closed 53.78% short of its 52-week high of $120.86, which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 2.43% to $174.61, Qualcomm Inc. $(QCOM)$ fell 2.06% to $135.74, and Analog Devices Inc. $(ADI)$ fell 2.01% to $175.93.
Trading volume (4.7 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 17:21 ET (21:21 GMT)
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