DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ advanced 3.15% to $76.95 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
The stock's rise snapped a three-day losing streak.
Qorvo Inc. closed 41.26% below its 52-week high of $130.99, which the company reached on July 16th.
The stock outperformed some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ rose 3.03% to $235.65, Qualcomm Inc. $(QCOM)$ rose 2.24% to $148.63, and Analog Devices Inc. $(ADI)$ rose 3.05% to $216.89.
Trading volume (2.2 M) remained 350,293 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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(END) Dow Jones Newswires
May 27, 2025 17:30 ET (21:30 GMT)
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