Analog Devices Inc. Shares they perform better against their competitors on a good trading day

Published: May 28, 2024 at 4:42 PM ET

Analog Devices Inc. Shares ADIs rose 0.40% to $233.44 on Tuesday in what turned out to be an overall mixed session for the stock market, with the S&P 500 Index SPX rising 0.02% to 5,306.04 and the Dow Jones Industrial Index Average DJIA, falling 0.55% to 38,852.86.

Stock gains ended a two-day streak of declines.

Analog devices…

Analog Devices Inc. Shares

ADI

rose 0.40% to $233.44 on Tuesday in what turned out to be an all-around mixed trading session with the S&P 500 Index

SPX

rose 0.02% to 5,306.04 and the Dow Jones Industrial Average

DJIA

falling 0.55% to 38,852.86.

Stock gains ended a two-day streak of declines.

Analog Devices Inc. closed at $8.44 below its 52-week high ($241.88) that the company reached on May 23.

The company’s stock showed mixed results against some competitors on Tuesday as Broadcom Inc.

AVGO

rose 0.33% to $1,412.45, Texas Instruments Inc.

TXN

rose 0.21% to $199.60 and KLA Corp.

SWEAR

rose 0.91% to $786.14.

Trading volume (2.7 million) remained 625,300 below the 50-day average volume of 3.3 million.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. Please see our market data terms of use.