Qorvo Inc. Stock Slips 4.7%, Underperforms Peers

Dow Jones
06/17

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

Shares of Qorvo Inc. slid 4.7% to $96.56 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.6% to 51,999.67 and the S&P 500 Index falling 0.6% to 7,511.35.

The stock's fall snapped a three-day winning streak.

Qorvo Inc. closed 11.8% below its 52-week high of $109.49, which the company reached on May 27th.

The stock underperformed when compared to some of its peers, as Broadcom Inc. fell 4.4% to $376.71, Qualcomm Inc. fell 3.1% to $214.07, and Analog Devices Inc. fell 2.71% to $416.00.

Trading volume totaled 1.0 million, compared to the 50-day average of 1.1 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 16, 2026 16:35 ET (20:35 GMT)

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