DJ Qorvo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qorvo Inc. $(QRVO)$ rallied 1.11% to $88.00 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.32% to 6,263.70 and the Dow Jones Industrial Average rising 0.53% to 44,254.78.
The stock's rise snapped a three-day losing streak.
Qorvo Inc. closed 31.77% short of its 52-week high of $128.97, which the company reached on July 17th.
The stock outperformed some of its competitors Wednesday, as Broadcom Inc. (AVGO) fell 0.05% to $280.81, Qualcomm Inc. (QCOM) fell 0.15% to $154.07, and Analog Devices Inc. $(ADI.AU)$ rose 0.08% to $240.61.
Trading volume (1.4 M) remained 397,804 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 16, 2025.
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July 16, 2025 17:30 ET (21:30 GMT)
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