Analog Devices Inc. Stock Underperforms Monday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Analog Devices Inc. (ADI) shares fell 1.54% to $383.93 on Monday, underperforming the broader market and its peers amid a dismal trading session. The stock closed 13.90% below its 52-week high. While competitors Broadcom, Texas Instruments, and KLA also declined, ADI's trading volume of 2.8 million was significantly below its 50-day average.
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Shares of Analog Devices Inc. (ADI) shed 1.54% to $383.93 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.06% to 7,753.11 and Dow Jones Industrial Average falling 0.11% to 53,975.98.
Analog Devices Inc. closed 13.90% below its 52-week high of $445.91, which the company reached on June 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. (AVGO) fell 1.25% to $422.40, Texas Instruments Inc. (TXN) fell 1.97% to $280.44, and KLA Corp. (KLAC) fell 2.71% to $192.74.
Trading volume (2.8 M) remained 2.0 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2026.
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08-10-26 1635ET