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150

Analog Devices Inc. Stock Outperforms Market Despite Losses On The Day

4:34 pm ET July 26, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Analog Devices Inc. ADI sank 0.77% to $161.78 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 1.15% to 3,921.05 and Dow Jones Industrial Average DJIA falling 0.71% to 31,761.54. This was the stock's third consecutive day of losses. Analog Devices Inc. closed $30.17 below its 52-week high ($191.95), which the company achieved on November 22nd.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Texas Instruments Inc. TXN fell 1.45% to $160.84, Microchip Technology Inc. MCHP fell 1.72% to $63.49, and STMicroelectronics N.V. STM fell 2.20% to $34.29.true Trading volume (3.1 M) remained 286,845 below its 50-day average volume of 3.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2022.

	

(END) Dow Jones Newswires

July 26, 2022 16:34 ET (20:34 GMT)

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