DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. $(ADI)$ rallied 1.46% to $202.78 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
This was the stock's second consecutive day of gains.
Analog Devices Inc. closed 17.94% below its 52-week high of $247.10, which the company reached on February 20th.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 1.45% to $207.77, Texas Instruments Inc. $(TXN)$ rose 0.52% to $165.64, and KLA Corp. $(KLAC)$ rose 1.29% to $703.33.
Trading volume (3.2 M) remained 1.1 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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(END) Dow Jones Newswires
May 08, 2025 16:40 ET (20:40 GMT)
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