DJ Analog Devices Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Analog Devices Inc. $(ADI)$ slipped 3.14% to $205.24 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's second consecutive day of losses.
Analog Devices Inc. closed 15.93% short of its 52-week high of $244.14, which the company reached on July 17th.
The stock underperformed when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 1.60% to $217.73, Texas Instruments Inc. $(TXN)$ fell 1.99% to $180.94, and KLA Corp. $(KLAC)$ rose 0.27% to $740.21.
Trading volume (4.5 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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February 03, 2025 16:39 ET (21:39 GMT)
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