Published on 21 Jan 2022 on Market Watch
Skyworks Solutions Inc. stock underperforms Friday when compared to competitors
Shares of Skyworks Solutions Inc. slipped 2.16% to $139.90 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's fourth consecutive day of losses. Skyworks Solutions Inc. closed $64.10 below its 52-week high ($204.00), which the company achieved on April 29th.
The stock underperformed when compared to some of its competitors Friday, as Analog Devices Inc. rose 0.56% to $159.52. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.9 M.