DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rose 4.00% to $90.57 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,118.71 and the Dow Jones Industrial Average rising 0.92% to 44,565.07.
Qorvo Inc. closed 30.86% below its 52-week high of $130.99, which the company achieved on July 16th.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 0.26% to $240.28, Qualcomm Inc. $(QCOM)$ rose 2.42% to $174.36, and Analog Devices Inc. $(ADI)$ rose 1.91% to $228.35.
Trading volume (3.6 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 23, 2025.
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January 23, 2025 17:30 ET (22:30 GMT)
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