DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rallied 3.19% to $81.09 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.09% to 6,005.88 and the Dow Jones Industrial Average remaining mostly unchanged at 42,761.76.
This was the stock's second consecutive day of gains.
Qorvo Inc. closed 38.09% short of its 52-week high of $130.99, which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 1.07% to $244.28, Qualcomm Inc. $(QCOM)$ rose 4.13% to $155.41, and Analog Devices Inc. $(ADI)$ rose 2.43% to $227.66.
Trading volume (1.7 M) remained 703,729 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2025.
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June 09, 2025 17:31 ET (21:31 GMT)
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