Shares of Skyworks Solutions Inc.
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
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
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.
rose 0.35% to $174.08. Trading volume (1.1 M) remained 273,681 below its 50-day average volume of 1.4 M.