Analog Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Analog Devices Inc. (ADI) shares fell 2.64% to $271.04 on Wednesday amid a poor trading session, with the S&P 500 and Dow Jones also declining. Despite the loss, ADI outperformed competitors like Broadcom, Texas Instruments, and KLA Corp. Trading volume was higher than the 50-day average. ADI is 4.64% below its 52-week high of $284.23.
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