DJ Qorvo Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Qorvo Inc. $(QRVO)$ slipped 1.40% to $78.12 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.53% to 5,939.30 and Dow Jones Industrial Average falling 0.25% to 42,319.74.
This was the stock's second consecutive day of losses.
Qorvo Inc. closed 40.36% short of its 52-week high of $130.99, which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 0.44% to $259.93, Qualcomm Inc. $(QCOM)$ fell 0.40% to $147.56, and Analog Devices Inc. $(ADI)$ fell 0.21% to $218.04.
Trading volume (2.1 M) remained 359,742 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2025.
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June 05, 2025 17:32 ET (21:32 GMT)
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