DJ Analog Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Analog Devices Inc. $(ADI)$ shed 9.37% to $180.88 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
Analog Devices Inc. closed 26.80% short of its 52-week high of $247.10, which the company reached on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 10.51% to $154.01, Texas Instruments Inc. $(TXN)$ fell 7.85% to $164.20, and KLA Corp. $(KLAC)$ fell 9.53% to $620.82.
Trading volume (6.9 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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April 03, 2025 16:37 ET (20:37 GMT)
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