Shares of Xilinx Inc.
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
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
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.
rose 2.88% to $192.49, Qualcomm Inc.
rose 2.90% to $128.66, and International Business Machines Corp.
rose 1.87% to $143.39. Trading volume (1.6 M) remained 272,259 below its 50-day average volume of 1.9 M.