This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Analog Devices Inc. (ADI) inched 0.97% higher to $149.31 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.72% to 3,873.33 and Dow Jones Industrial Average falling 0.45% to 30,822.42. Analog Devices Inc. closed $42.64 below 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 Friday, as Texas Instruments Inc. (TXN) rose 1.59% to $165.26, Microchip Technology Inc. (MCHP) rose 1.70% to $65.70, and STMicroelectronics N.V. (STM.FR) rose 0.31% to $35.84. Trading volume (4.6 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2022.
(END) Dow Jones Newswires
September 16, 2022 16:34 ET (20:34 GMT)
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