This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. ADI rose 2.67% to $148.57 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA rising 1.12% to 31,384.55. This was the stock's third consecutive day of gains. Analog Devices Inc. closed $43.38 short of its 52-week high ($191.95), which the company reached on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Texas Instruments Inc. TXN rose 2.57% to $154.69, Microchip Technology Inc. MCHP rose 4.63% to $58.75, and STMicroelectronics N.V. STM rose 2.46% to $30.82. Trading volume (2.7 M) remained 860,977 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 7, 2022.
(END) Dow Jones Newswires
July 07, 2022 16:34 ET (20:34 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.