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Shares of Analog Devices Inc. (ADI) shed 0.07% to $167.37 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.15% to 4,357.04 and the Dow Jones Industrial Average rising 1.43% to 34,326.46. This was the stock's fifth consecutive day of losses. Analog Devices Inc. closed $11.47 short of its 52-week high ($178.84), which the company reached on September 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Texas Instruments Inc. (TXN) rose 0.82% to $193.79, Microchip Technology Inc. (MCHP) fell 0.51% to $152.71, and STMicroelectronics N.V. (STM.FR) fell 0.80% to $43.28. Trading volume (3.5 M) remained 1.5 million below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 1, 2021.
(END) Dow Jones Newswires
October 01, 2021 16:34 ET (20:34 GMT)
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