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Xilinx Inc. stock underperforms Thursday when compared to competitors despite daily gains

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Terrence Horan

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Shares of Xilinx Inc. XLNX, +0.08% advanced 2.57% to $165.81 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Xilinx Inc. hit a new 52-week high, surpassing its previous peak of $162.95, which the company achieved on October 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Texas Instruments Inc. TXN, +0.58% rose 2.88% to $192.49, Qualcomm Inc. QCOM, -0.26% rose 2.90% to $128.66, and International Business Machines Corp. IBM, -0.06% rose 1.87% to $143.39. Trading volume (1.6 M) remained 272,259 below its 50-day average volume of 1.9 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.