DJ Skyworks Solutions Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Skyworks Solutions Inc. $(SWKS)$ rallied 3.02% to $71.03 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,970.37 and the Dow Jones Industrial Average rising 0.51% to 42,519.64.
The stock's rise snapped a four-day losing streak.
Skyworks Solutions Inc. closed 41.23% short of its 52-week high of $120.86, which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ rose 3.27% to $256.85, Qualcomm Inc. $(QCOM)$ rose 1.58% to $148.94, and Analog Devices Inc. $(ADI)$ rose 1.38% to $218.43.
Trading volume (4.0 M) remained 73,386 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2025.
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(END) Dow Jones Newswires
June 03, 2025 17:19 ET (21:19 GMT)
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