Shares of Analog Devices Inc. ADI, -1.22% shed 1.22% to $168.63 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.10% rising 0.10% to 34,429.88 and the S&P 500 Index SPX, -0.12% falling 0.12% to 4,071.70. This was the stock’s second consecutive day of losses. Analog Devices Inc. closed $19.06 short of its 52-week high ($187.69), which the company reached on December 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. AVGO, -1.81% fell 1.81% to $540.80, Texas Instruments Inc. TXN, +0.09% rose 0.09% to $177.66, and KLA Corp. KLAC, -0.30% fell 0.30% to $389.56. Trading volume (3.1 M) remained 866,278 below its 50-day average volume of 3.9 M.