DJ Analog Devices Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. $(ADI)$ rose 2.50% to $198.59 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.47% to 5,686.67 and the Dow Jones Industrial Average rising 1.39% to 41,317.43.
Analog Devices Inc. closed 19.63% below its 52-week high of $247.10, which the company reached on February 20th.
The stock underperformed when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 3.20% to $203.64, Texas Instruments Inc. $(TXN)$ rose 3.95% to $164.51, and KLA Corp. $(KLAC)$ rose 3.23% to $698.16.
Trading volume (3.8 M) remained 725,742 below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2025.
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(END) Dow Jones Newswires
May 02, 2025 16:39 ET (20:39 GMT)
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