Skyworks Solutions Inc. Stock Rallies 6.3%, Outperforms Peers

Dow Jones
09/03

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

Shares of Skyworks Solutions Inc. rose 6.3% to $71.67 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,666.60 and the Dow Jones Industrial Average rising 0.6% to 53,061.95.

This was the stock's third consecutive day of gains.

Skyworks Solutions Inc. closed 21.2% short of its 52-week high of $90.90, which the company achieved on October 28th.

The stock outperformed some of its peers, as Broadcom Inc. fell 0.7% to $367.24, Qualcomm Inc. rose 2.0% to $169.96, and Analog Devices Inc. rose 0.34% to $355.71.

Trading volume totaled 7.5 million, compared to the 50-day average of 5.7 million.

Data source: Dow Jones Market Data, FactSet

 

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