DJ Qorvo Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Qorvo Inc. $(QRVO)$ rose 1.26% to $80.92 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.96% to 6,025.17 and the Dow Jones Industrial Average rising 0.89% to 42,581.78.
Qorvo Inc. closed 38.22% below 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. $(AVGO)$ rose 1.51% to $253.77, Qualcomm Inc. $(QCOM)$ rose 1.20% to $153.14, and Analog Devices Inc. $(ADI)$ rose 1.15% to $230.98.
Trading volume (1.1 M) remained 1.1 million below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2025.
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June 23, 2025 17:29 ET (21:29 GMT)
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