DJ Qorvo Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Qorvo Inc. $(QRVO)$ shed 1.96% to $87.04 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.79% to 6,229.98 and Dow Jones Industrial Average falling 0.94% to 44,406.36.
The stock's fall snapped a nine-day winning streak.
Qorvo Inc. closed 33.55% short of its 52-week high of $130.99, which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. (AVGO) fell 0.36% to $274.18, Qualcomm Inc. (QCOM) fell 2.54% to $158.09, and Analog Devices Inc. $(ADI.AU)$ fell 1.58% to $241.81.
Trading volume (2.3 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 7, 2025.
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July 07, 2025 17:30 ET (21:30 GMT)
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