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Shares of Analog Devices Inc. (ADI) inched 0.16% higher to $177.25 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 32,803.47 and the S&P 500 Index falling 0.16% to 4,145.19. This was the stock's third consecutive day of gains. Analog Devices Inc. closed $14.70 below its 52-week high ($191.95), which the company reached on November 22nd.
The stock outperformed some of its competitors Friday, as Texas Instruments Inc. (TXN) fell 0.33% to $184.30, Microchip Technology Inc. (MCHP) fell 1.79% to $71.46, and STMicroelectronics N.V. (STM.FR) fell 2.70% to $38.52. Trading volume (2.5 M) remained 836,616 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2022.
(END) Dow Jones Newswires
August 05, 2022 16:34 ET (20:34 GMT)
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