Mastercard 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.

Mastercard Inc. Stock Rises Wednesday, Still Underperforms Market

5:05 pm ET June 15, 2022 (MarketWatch) Print

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

Shares of Mastercard Inc. (MA) advanced 1.01% to $325.39 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. This was the stock's second consecutive day of gains. Mastercard Inc. closed $74.53 below its 52-week high ($399.92), which the company achieved on February 2nd.

The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 5.24% to $107.67, Visa Inc. Cl A (V) rose 1.36% to $196.16, and American Express Co. (AXP) rose 1.12% to $146.22. Trading volume (2.4 M) remained 963,721 below its 50-day average volume of 3.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.

(END) Dow Jones Newswires

June 15, 2022 17:05 ET (21:05 GMT)