Shares of Qorvo Inc.
inched 0.44% higher to $185.62 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.22% to 4,496.19 and the Dow Jones Industrial Average
rising 0.11% to 35,405.50. This was the stock’s fifth consecutive day of gains. Qorvo Inc. closed $16.06 below its 52-week high ($201.68), which the company achieved on April 29th.
The stock outperformed some of its competitors Wednesday, as Analog Devices Inc.
fell 1.12% to $164.00, Skyworks Solutions Inc.
fell 0.54% to $181.08, and Maxim Integrated Products Inc.
fell 1.18% to $103.14. Trading volume (520,250) remained 316,339 below its 50-day average volume of 836,589.
Read More:Qorvo Inc. stock outperforms competitors on strong trading day