DJ Qorvo Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Qorvo Inc. $(QRVO)$ slid 1.80% to $88.94 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.29% to 6,101.24 and Dow Jones Industrial Average falling 0.32% to 44,424.25.
Qorvo Inc. closed 32.10% short of its 52-week high of $130.99, which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 1.84% to $244.70, Qualcomm Inc. $(QCOM)$ fell 1.29% to $172.11, and Analog Devices Inc. $(ADI)$ fell 4.81% to $217.37.
Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.
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January 24, 2025 17:31 ET (22:31 GMT)
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