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Qorvo Inc. stock outperforms competitors on strong trading day

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Terrence Horan

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Shares of Qorvo Inc. QRVO, +0.44% rose 2.85% to $164.61 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. The stock's rise snapped a three-day losing streak. Qorvo Inc. closed $37.07 below its 52-week high ($201.68), which the company achieved on April 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Analog Devices Inc. ADI, +0.16% rose 2.34% to $168.20 and Skyworks Solutions Inc. SWKS, +0.54% rose 3.23% to $160.24. Trading volume (904,797) eclipsed its 50-day average volume of 873,074.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.