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Shares of Analog Devices Inc. ADI slid 0.80% to $146.09 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.88% to 3,785.38 and Dow Jones Industrial Average DJIA falling 0.82% to 30,775.43. This was the stock's third consecutive day of losses. Analog Devices Inc. closed $45.86 below its 52-week high ($191.95), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Texas Instruments Inc. TXN rose 0.57% to $153.65, Microchip Technology Inc. MCHP rose 0.05% to $58.08, and STMicroelectronics N.V. STM fell 2.39% to $31.47. Trading volume (4.1 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 30, 2022.
(END) Dow Jones Newswires
June 30, 2022 16:34 ET (20:34 GMT)
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