Analog Devices Inc. stock rises Thursday, still underperforms market
Shares of Analog Devices Inc. ADI, +0.37% inched 0.37% higher to $183.38 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.38% rising 0.38% to 4,567.80 and the Dow Jones Industrial Average DJIA, +1.47% rising 1.47% to 35,950.89.
The stock's rise snapped a two-day losing streak.
Analog Devices Inc. closed $16.72 below its 52-week high ($200.10), which the company achieved on July 31st.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. AVGO, -1.60% fell 1.60% to $925.73, Texas Instruments Inc. TXN, -0.32% fell 0.32% to $152.71, and KLA Corp. KLAC, +0.10% rose 0.10% to $544.62.
Trading volume (4.3 M) eclipsed its 50-day average volume of 3.2 M.
Editor's Note: This story was auto-generated by Automated Insights , an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
