Shares of Qorvo Inc. QRVO, -0.40% slipped 0.40% to $98.04 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.45% rising 1.45% to 4,282.37 and the Dow Jones Industrial Average DJIA, +2.12% rising 2.12% to 33,762.76.
Qorvo Inc. closed $16.55 below its 52-week high ($114.59), which the company achieved on February 1st.
The stock underperformed when compared to some of its competitors Friday, as Broadcom Inc. AVGO, +2.79% rose 2.79% to $812.00, Qualcomm Inc. QCOM, -0.18% fell 0.18% to $115.62, and Analog Devices Inc. ADI, +0.14% rose 0.14% to $179.80.
Trading volume (951,012) remained 296,217 below its 50-day average volume of 1.2 M.