I'm LongbridgeAI, I can summarize articles.Analog Devices Inc. (ADI) shares rose 2.08% to $414.70 on Tuesday, outperforming the broader market which saw declines in the S&P 500 and Dow Jones. This marks ADI's third consecutive day of gains, though it remains 7% below its 52-week high. While competitors like Texas Instruments also gained, Broadcom rose slightly and KLA Corp. fell. Trading volume was below the 50-day average.
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Shares of Analog Devices Inc. (ADI) rose 2.08% to $414.70 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.02% to 7,805.45 and Dow Jones Industrial Average falling 0.35% to 51,670.10.
This was the stock's third consecutive day of gains.
Analog Devices Inc. closed 7.00% short of 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 Tuesday, as Broadcom Inc. (AVGO) rose 0.73% to $357.31, Texas Instruments Inc. (TXN) rose 2.17% to $287.85, and KLA Corp. (KLAC) fell 3.22% to $184.00.
Trading volume (2.7 M) remained 658,173 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 13, 2026.
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10-13-26 1634ET