DJ Qorvo Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Qorvo Inc. $(QRVO)$ slipped 1.05% to $81.76 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,045.26 and the Dow Jones Industrial Average rising 0.24% to 42,967.62.
This was the stock's second consecutive day of losses.
Qorvo Inc. closed 37.58% 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. $(AVGO)$ rose 1.25% to $256.07, Qualcomm Inc. $(QCOM)$ fell 0.49% to $158.70, and Analog Devices Inc. $(ADI)$ fell 0.18% to $232.12.
Trading volume (1.3 M) remained 1.1 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 12, 2025.
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June 12, 2025 17:30 ET (21:30 GMT)
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