DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rose 1.27% to $72.82 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,842.91 and the Dow Jones Industrial Average rising 0.52% to 42,518.28.
This was the stock's second consecutive day of gains.
Qorvo Inc. closed $58.17 below its 52-week high ($130.99), which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ fell 0.26% to $224.70, Qualcomm Inc. $(QCOM)$ rose 1.53% to $159.53, and Analog Devices Inc. $(ADI)$ rose 0.80% to $214.65.
Trading volume (4.0 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 14, 2025.
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January 14, 2025 17:37 ET (22:37 GMT)
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