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Xilinx Inc. stock rises Wednesday, outperforms market

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Terrence Horan

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Shares of Xilinx Inc. XLNX, +0.67% rallied 1.40% to $157.76 Wednesday, on what proved to be an all-around positive 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 gains. Xilinx Inc. closed $1.54 below its 52-week high ($159.30), which the company reached on August 30th.

The stock outperformed some of its competitors Wednesday, as Texas Instruments Inc. TXN, +1.00% rose 1.22% to $197.50, Qualcomm Inc. QCOM, -0.02% fell 2.05% to $138.24, and International Business Machines Corp. IBM, +0.56% rose 0.72% to $137.20. Trading volume (1.9 M) remained 336,684 below its 50-day average volume of 2.3 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.