Analog Devices Inc. Stock Slides 4.6%, Underperforms Competitors

Dow Jones
05/23

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Analog Devices Inc. slid 4.6% to $211.93 on what proved to be an all-around mediocre trading session for the stock market, with the S&P 500 Index holding mostly steady at 5,842.01 and the Dow Jones Industrial Average remaining mostly unchanged at 41,859.09.

This was the stock's fifth consecutive day of losses.

Analog Devices Inc. closed 14.2% short of its 52-week high of $247.10, which the company reached on February 20th.

The stock underperformed when compared to some of its competitors, as Broadcom Inc. rose 0.3% to $230.53, Texas Instruments Inc. fell 2.8% to $180.21, and KLA Corp. fell 1.47% to $767.51.

Trading volume totaled 9.0 million, compared to the 50-day average of 4.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 22, 2025 16:33 ET (20:33 GMT)

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