Published on 6 Jan 2022 on Market Watch
Shares of Skyworks Solutions Inc. inched 0.04% higher to $158.14 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.10% to 4,696.05 and Dow Jones Industrial Average falling 0.47% to 36,236.47. Skyworks Solutions Inc. closed $45.86 short of its 52-week high ($204.00), which the company reached on April 29th.
The stock underperformed when compared to some of its competitors Thursday, as Analog Devices Inc. rose 0.32% to $173.39. Trading volume (1.5 M) remained 468,936 below its 50-day average volume of 2.0 M.