Shares of Xilinx Inc.
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
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 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.
rose 1.22% to $197.50, Qualcomm Inc.
fell 2.05% to $138.24, and International Business Machines Corp.
rose 0.72% to $137.20. Trading volume (1.9 M) remained 336,684 below its 50-day average volume of 2.3 M.