This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Analog Devices Inc. rose 6.6% to $195.23 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.0% to 5,484.77 and the Dow Jones Industrial Average rising 1.2% to 40,093.40.
This was the stock's third consecutive day of gains.
Analog Devices Inc. closed 21.0% below its 52-week high of $247.10, which the company reached on February 20th.
The stock outperformed some of its competitors, as Broadcom Inc. rose 6.4% to $188.15, Texas Instruments Inc. rose 6.6% to $162.13, and KLA Corp. rose 4.92% to $689.42.
Trading volume totaled 5.5 million, compared to the 50-day average of 4.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 24, 2025 16:35 ET (20:35 GMT)
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