Shares of Analog Devices Inc. ADI, -4.20% dropped 0.35% to $179.88 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, 0.12% rising 0.18% to 4,574.79 and the Dow Jones Industrial Average DJIA, -0.25% rising 0.04% to 35,756.88. Analog Devices Inc. closed $1.22 below its 52-week high ($181.10), which the company achieved on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Texas Instruments Inc. TXN, -4.65% fell 1.61% to $196.98, Microchip Technology Inc. MCHP, -1.45% fell 2.65% to $73.79, and STMicroelectronics N.V. STM, 2.25% rose 0.54% to $44.75. Trading volume (2.2 M) remained 2.9 million below its 50-day average volume of 5.1 M.
