This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qorvo Inc. advanced 4.4% to $100.63 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,666.60 and the Dow Jones Industrial Average rising 0.6% to 53,061.95.
This was the stock's third consecutive day of gains.
Qorvo Inc. closed 8.1% short of its 52-week high of $109.49, which the company reached on May 27th.
The stock outperformed some of its peers, as Broadcom Inc. fell 0.7% to $367.24, Qualcomm Inc. rose 2.0% to $169.96, and Analog Devices Inc. rose 0.34% to $355.71.
Trading volume totaled 1.3 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet