DXC Technology Co. Stock Underperforms Wednesday When Compared To Competitors

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.

DXC Technology Co. Stock Underperforms Wednesday When Compared To Competitors

4:49 pm ET June 8, 2022 (MarketWatch) Print

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

Shares of DXC Technology Co. (DXC) slid 1.26% to $35.24 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. The stock's fall snapped a four-day winning streak. DXC Technology Co. closed $8.94 short of its 52-week high ($44.18), which the company reached on August 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.77% to $270.41, Accenture PLC Cl A (ACN) fell 1.27% to $302.64, and International Business Machines Corp. (IBM) fell 1.37% to $140.83. Trading volume (1.2 M) remained 770,115 below its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.

(END) Dow Jones Newswires

June 08, 2022 16:49 ET (20:49 GMT)