Shares of Skyworks Solutions Inc.
inched 0.06% higher to $183.39 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.16% to 4,468.00 and the Dow Jones Industrial Average
rising 0.04% to 35,515.38. The stock’s rise snapped a four-day losing streak. Skyworks Solutions Inc. closed $20.61 below its 52-week high ($204.00), which the company achieved on April 29th.
The stock underperformed when compared to some of its competitors Friday, as Analog Devices Inc.
rose 0.89% to $170.08, Maxim Integrated Products Inc.
rose 1.29% to $99.73, and Qorvo Inc.
rose 0.12% to $188.36. Trading volume (912,150) remained 629,290 below its 50-day average volume of 1.5 M.
View more information: https://www.marketwatch.com/story/skyworks-solutions-inc-stock-rises-friday-still-underperforms-market-01628889818-cfcf16a06435