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 $84.91 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.52% to 6,204.95 and the Dow Jones Industrial Average rising 0.63% to 44,094.77.
This was the stock's sixth consecutive day of gains.
Qorvo Inc. closed 35.18% 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 2.34% to $275.65, Qualcomm Inc. $(QCOM)$ rose 0.45% to $159.26, and Analog Devices Inc. $(ADI)$ rose 0.45% to $238.02.
Trading volume (1.8 M) remained 243,393 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 30, 2025.
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June 30, 2025 17:29 ET (21:29 GMT)
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