DJ Analog Devices Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Analog Devices Inc. $(ADI)$ slipped 0.01% to $218.06 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
The stock's fall snapped a four-day winning streak.
Analog Devices Inc. closed $26.08 below its 52-week high ($244.14), which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 2.37% to $245.36, Texas Instruments Inc. $(TXN)$ fell 0.37% to $191.73, and KLA Corp. $(KLAC)$ fell 0.30% to $648.55.
Trading volume (1.2 M) remained 2.0 million below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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December 26, 2024 16:42 ET (21:42 GMT)
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