Skyworks Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Skyworks Solutions (SWKS) shares fell 2.13% to $58.49 on Wednesday, underperforming competitors Broadcom, Qualcomm, and Analog Devices which all rose. This marks the fifth consecutive day of losses for Skyworks, with the stock trading 35.65% below its 52-week high. Trading volume exceeded the 50-day average amid a broader market decline.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Skyworks Solutions Inc. (SWKS) slid 2.13% to $58.49 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.
This was the stock's fifth consecutive day of losses.
Skyworks Solutions Inc. closed 35.65% short of its 52-week high of $90.90, which the company reached on October 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. (AVGO) rose 4.83% to $388.69, Qualcomm Inc. (QCOM) rose 1.96% to $186.56, and Analog Devices Inc. (ADI) rose 1.68% to $385.40.
Trading volume (7.1 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
07-08-26 1714ET
