NortonLifeLock Inc. Stock Outperforms Market Despite Losses On The Day

Skyworks Solutions Inc

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Information Technology : Semiconductors & Semiconductor Equipment | Mid Cap Value

Company profile

Skyworks Solutions, Inc. is engaged in designing, manufacturing, and marketing, semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, across new applications within the aerospace, automotive, broadband, cellular infrastructure, connected home, entertainment, and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It operates engineering, manufacturing, sales, and service facilities throughout Asia, Europe, and North America. Its system solutions include Sky5, diversity receive (DRx) and multi-input multi-output (MIMO), SkyOne, antenna management, and integrated infrastructure. It offers a range of products, such as Amplifiers, Antenna Tuners, Attenuators, Automotive Tuners and Digital Radios, Circulators/Isolators, Demodulators, Detectors, Digital Power Isolators, Diodes, Directional Couplers, Diversity Receive Modules, Filters, Mixers, Modulators, Receivers, and Switches.

NortonLifeLock Inc. Stock Outperforms Market Despite Losses On The Day

5:10 pm ET May 18, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NortonLifeLock Inc. (NLOK) slipped 1.98% to $23.80 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 4.04% to 3,923.68 and Dow Jones Industrial Average falling 3.57% to 31,490.07. NortonLifeLock Inc. closed $7.12 below its 52-week high ($30.92), which the company reached on February 10th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 4.55% to $254.08, Adobe Inc. (ADBE) fell 2.87% to $397.88, and Oracle Corp. (ORCL) fell 4.98% to $68.30.true Trading volume (6.9 M) eclipsed its 50-day average volume of 5.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.

(END) Dow Jones Newswires

May 18, 2022 17:10 ET (21:10 GMT)