Shares of Qorvo Inc. QRVO, -0.28% slipped 0.28% to $94.98 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.95% rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA, +0.64% rising 0.64% to 30,677.36. This was the stock’s second consecutive day of losses. Qorvo Inc. closed $106.48 short of its 52-week high ($201.46), which the company reached on August 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Analog Devices Inc. ADI, -1.43% fell 1.43% to $145.54 and Skyworks Solutions Inc. SWKS, +2.09% rose 2.09% to $94.27. Trading volume (1.1 M) remained 300,297 below its 50-day average volume of 1.4 M.