NOV Inc. Stock Rises Wednesday, Still Underperforms Market

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.

NOV Inc. Stock Rises Wednesday, Still Underperforms Market

5:10 pm ET May 25, 2022 (MarketWatch) Print

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

Shares of NOV Inc. (NOV) inched 0.31% higher to $19.18 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. This was the stock's fourth consecutive day of gains. NOV Inc. closed $4.88 below its 52-week high ($24.06), which the company achieved on March 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Schlumberger Ltd. (SLB) rose 2.62% to $45.05, Baker Hughes Co. (BKR) fell 1.54% to $35.72, and Dril-Quip Inc. (DRQ) fell 0.93% to $30.76. Trading volume (2.0 M) remained 1.8 million below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.

(END) Dow Jones Newswires

May 25, 2022 17:10 ET (21:10 GMT)