ServiceNow Inc. Stock Rises Friday, Outperforms 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.

ServiceNow Inc. Stock Rises Friday, Outperforms Market

5:10 pm ET May 27, 2022 (MarketWatch) Print

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

Shares of ServiceNow Inc. (NOW) rose 4.71% to $476.29 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. ServiceNow Inc. closed $231.31 below its 52-week high ($707.60), which the company reached on November 4th.

The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.76% to $273.24, Qualcomm Inc. (QCOM) rose 3.65% to $139.76, and International Business Machines Corp. (IBM) rose 1.74% to $139.27. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.

(END) Dow Jones Newswires

May 27, 2022 17:10 ET (21:10 GMT)