DJ Analog Devices Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Analog Devices Inc. $(ADI)$ rose 2.01% to $178.50 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.51% to 5,287.76 and the Dow Jones Industrial Average rising 2.66% to 39,186.98.
Analog Devices Inc. closed 27.76% below its 52-week high of $247.10, which the company reached on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ rose 2.03% to $169.58, Texas Instruments Inc. $(TXN)$ rose 0.79% to $146.76, and KLA Corp. $(KLAC)$ rose 2.51% to $636.36.
Trading volume (3.4 M) remained 1.2 million below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2025.
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(END) Dow Jones Newswires
April 22, 2025 16:40 ET (20:40 GMT)
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