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Shares of Analog Devices Inc. (ADI) inched 0.64% higher to $170.57 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.08% to 4,354.19 and Dow Jones Industrial Average falling 0.15% to 33,919.84. The stock's rise snapped a three-day losing streak. Analog Devices Inc. closed $4.68 below its 52-week high ($175.25), which the company reached on August 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Texas Instruments Inc. (TXN) rose 0.19% to $192.96, Microchip Technology Inc. (MCHP) rose 0.50% to $157.29, and STMicroelectronics N.V. (STM.FR) rose 1.16% to $45.27. Trading volume (3.8 M) remained 1.1 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 21, 2021.
(END) Dow Jones Newswires
September 21, 2021 16:34 ET (20:34 GMT)
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