This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qorvo Inc. shed 7.4% to $107.98 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.
The stock's fall snapped a five-day winning streak.
Qorvo Inc. closed 10.4% below its 52-week high of $120.52, which the company achieved on September 11th.
The stock underperformed when compared to some of its peers, as Broadcom Inc. fell 4.8% to $344.72, Qualcomm Inc. fell 1.0% to $180.15, and Analog Devices Inc. fell 4.69% to $361.02.
Trading volume totaled 1.8 million, compared to the 50-day average of 1.1 million.
Data source: Dow Jones Market Data, FactSet