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Shares of Analog Devices Inc. (ADI) shed 1.86% to $164.26 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.30% to 4,300.46 and Dow Jones Industrial Average falling 0.94% to 34,002.92. This was the stock's sixth consecutive day of losses. Analog Devices Inc. closed $14.58 short of its 52-week high ($178.84), which the company achieved on September 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Texas Instruments Inc. (TXN) fell 1.75% to $190.40, Microchip Technology Inc. (MCHP) fell 3.99% to $146.62, and STMicroelectronics N.V. (STM.FR) fell 3.33% to $41.84. Trading volume (3.5 M) remained 1.7 million below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 4, 2021.
(END) Dow Jones Newswires
October 04, 2021 16:34 ET (20:34 GMT)
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