Analog Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Analog Devices Inc. (ADI) rose 1.07% to $178.81 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,549.78 and the Dow Jones Industrial Average falling 0.02% to 35,603.08. This was the stock's seventh consecutive day of gains.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Texas Instruments Inc. (TXN) rose 0.96% to $201.29, Microchip Technology Inc. (MCHP) rose 1.51% to $76.01, and STMicroelectronics N.V. (STM.FR) rose 2.50% to $43.88. Trading volume (2.7 M) remained 2.3 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2021.
(END) Dow Jones Newswires
October 21, 2021 16:34 ET (20:34 GMT)
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