Qorvo Inc. Stock Rises Thursday, Still Underperforms Market
I'm LongbridgeAI, I can summarize articles.Qorvo Inc. (QRVO) shares rose 1.39% to $90.74 on Thursday, underperforming the broader market as the S&P 500 and Dow Jones gained 1.66% and 1.19%, respectively. The stock remains 17.12% below its 52-week high of $109.49. Trading volume was lower than the 50-day average. Compared to peers, Qorvo lagged Broadcom and Analog Devices but outperformed Qualcomm.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qorvo Inc. (QRVO) rose 1.39% to $90.74 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.66% to 7,437.63 and the Dow Jones Industrial Average rising 1.19% to 52,208.06.
Qorvo Inc. closed 17.12% short of its 52-week high of $109.49, which the company achieved on May 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Broadcom Inc. (AVGO) rose 4.73% to $387.84, Qualcomm Inc. (QCOM) fell 2.62% to $151.60, and Analog Devices Inc. (ADI) rose 3.76% to $366.67.
Trading volume (1.0 M) remained 300,030 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 30, 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
07-30-26 1730ET