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Shares of Analog Devices Inc. (ADI) advanced 1.90% to $176.63 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.74% to 4,519.63 and the Dow Jones Industrial Average rising 0.56% to 35,457.31. This was the stock's fifth consecutive day of gains. Analog Devices Inc. closed $2.21 short of its 52-week high ($178.84), which the company achieved on September 24th.
The stock outperformed some of its competitors Tuesday, as Texas Instruments Inc. (TXN) rose 1.70% to $198.23, Microchip Technology Inc. (MCHP) rose 1.41% to $74.85, and STMicroelectronics N.V. (STM.FR) rose 0.77% to $43.16. Trading volume (3.3 M) remained 1.6 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 19, 2021.
(END) Dow Jones Newswires
October 19, 2021 16:34 ET (20:34 GMT)
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