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Shares of Analog Devices Inc. (ADI) inched 0.20% higher to $164.35 Wednesday, 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 4,363.80 and the Dow Jones Industrial Average falling 0.00% to 34,377.81. The stock's rise snapped a two-day losing streak. Analog Devices Inc. closed $14.49 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 Wednesday, as Texas Instruments Inc. (TXN) fell 0.73% to $187.10, Microchip Technology Inc. (MCHP) fell 0.35% to $70.25, and STMicroelectronics N.V. (STM.FR) rose 1.52% to $41.42. Trading volume (3.3 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 13, 2021.
(END) Dow Jones Newswires
October 13, 2021 16:34 ET (20:34 GMT)
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