DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Analog Devices Inc. $(ADI)$ rose 3.01% to $231.80 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.94% to 6,033.11 and the Dow Jones Industrial Average rising 0.75% to 42,515.09.
The stock's rise snapped a three-day losing streak.
Analog Devices Inc. closed 6.19% short of its 52-week high of $247.10, which the company achieved on February 20th.
The stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ rose 1.37% to $252.10, Texas Instruments Inc. $(TXN)$ rose 2.16% to $199.22, and KLA Corp. $(KLAC)$ rose 2.85% to $892.38.
Trading volume (3.3 M) remained 1.3 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2025.
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(END) Dow Jones Newswires
June 16, 2025 16:38 ET (20:38 GMT)
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