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Skyworks Solutions Inc. stock falls Wednesday, underperforms market

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Terrence Horan

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Shares of Skyworks Solutions Inc. SWKS, -0.40% slid 0.76% to $176.77 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. This was the stock's second consecutive day of losses. Skyworks Solutions Inc. closed $27.23 short of its 52-week high ($204.00), which the company reached on April 29th.

The stock underperformed when compared to some of its competitors Wednesday, as Analog Devices Inc. ADI, +0.73% rose 0.35% to $174.08. Trading volume (1.1 M) remained 273,681 below its 50-day average volume of 1.4 M.

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.