DJ Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Analog Devices Inc. $(ADI)$ rose 1.17% to $194.92 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.15% to 5,569.06 and the Dow Jones Industrial Average rising 0.35% to 40,669.36.
The stock's rise snapped a three-day losing streak.
Analog Devices Inc. closed 21.12% below 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 Wednesday, as Broadcom Inc. $(AVGO)$ rose 0.68% to $192.47, Texas Instruments Inc. $(TXN)$ rose 0.40% to $160.05, and KLA Corp. $(KLAC)$ rose 2.14% to $702.69.
Trading volume (4.4 M) remained 297,534 below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2025.
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April 30, 2025 16:39 ET (20:39 GMT)
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