Mastercard Inc. Stock Underperforms Thursday 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.

Mastercard Inc. Stock Underperforms Thursday When Compared To Competitors

5:05 pm ET June 16, 2022 (MarketWatch) Print

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

Shares of Mastercard Inc. MA slipped 5.10% to $308.78 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA falling 2.42% to 29,927.07. The stock's fall snapped a two-day winning streak. Mastercard Inc. closed $91.14 short of its 52-week high ($399.92), which the company reached on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. AMZN fell 3.72% to $103.66, Visa Inc. Cl A V fell 3.62% to $189.05, and American Express Co. AXP fell 5.96% to $137.50. Trading volume (4.5 M) eclipsed its 50-day average volume of 3.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2022.

(END) Dow Jones Newswires

June 16, 2022 17:05 ET (21:05 GMT)