Qorvo Inc. Stock Underperforms Tuesday When Compared To Competitors

MarketWatch Automated
2026.05.12 21:29
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Qorvo Inc. (QRVO) shares fell 3.94% to $89.73 on Tuesday, ending a three-day winning streak. The stock is now 15.59% below its 52-week high of $106.30. In a mixed trading session, the Dow Jones rose 0.11%, while the S&P 500 fell 0.16%. Competitors like Broadcom, Qualcomm, and Analog Devices also experienced declines. Trading volume was below the 50-day average, with 883,693 shares traded.