Shares of Qorvo Inc.
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
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
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.
rose 2.34% to $168.20 and Skyworks Solutions Inc.
rose 3.23% to $160.24. Trading volume (904,797) eclipsed its 50-day average volume of 873,074.