Shares of Xilinx Inc. XLNX, -0.91% slipped 0.91% to $132.74 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.12% rising 0.12% to 4,374.30 and the Dow Jones Industrial Average DJIA, +0.13% rising 0.13% to 34,933.23. This was the stock’s third consecutive day of losses. Xilinx Inc. closed $22.19 short of its 52-week high ($154.93), which the company achieved on January 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Texas Instruments Inc. TXN, +0.04% rose 0.04% to $191.28, Qualcomm Inc. QCOM, +1.82% rose 1.82% to $143.75, and International Business Machines Corp. IBM, -0.33% fell 0.33% to $139.82. Trading volume (917,855) remained 1.0 million below its 50-day average volume of 1.9 M.