DJ Qorvo Inc. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qorvo Inc. $(QRVO)$ shed 1.59% to $81.66 Monday, on what proved to be an all-around grim 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 third consecutive day of losses.
Qorvo Inc. closed 37.66% short of its 52-week high of $130.99, which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 1.60% to $217.73, Qualcomm Inc. $(QCOM)$ fell 1.56% to $170.24, and Analog Devices Inc. $(ADI)$ fell 3.14% to $205.24.
Trading volume (2.2 M) remained 1.3 million below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 03, 2025 17:30 ET (22:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.