This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. (ADI) inched 0.41% higher to $166.05 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.41% to 4,363.55 and the Dow Jones Industrial Average rising 0.30% to 34,416.99. This was the stock's second consecutive day of gains. Analog Devices Inc. closed $12.79 short of its 52-week high ($178.84), which the company reached on September 24th.
The stock outperformed some of its competitors Wednesday, as Texas Instruments Inc. (TXN) rose 0.26% to $194.39, Microchip Technology Inc. (MCHP) fell 0.18% to $147.75, and STMicroelectronics N.V. (STM.FR) fell 0.94% to $42.23. Trading volume (2.7 M) remained 2.4 million below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 6, 2021.
(END) Dow Jones Newswires
October 06, 2021 16:34 ET (20:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.