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Shares of Analog Devices Inc. ADI slid 0.14% to $163.04 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.13% to 3,966.84 and the Dow Jones Industrial Average DJIA rising 0.28% to 31,990.04. This was the stock's second consecutive day of losses. Analog Devices Inc. closed $28.91 short of 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 Monday, as Texas Instruments Inc. TXN fell 0.43% to $163.20, Microchip Technology Inc. MCHP fell 0.19% to $64.60, and STMicroelectronics N.V. STM rose 0.98% to $35.06. Trading volume (3.1 M) remained 343,927 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2022.
(END) Dow Jones Newswires
July 25, 2022 16:34 ET (20:34 GMT)
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