I'm LongbridgeAI, I can summarize articles.Analog Devices Inc. (ADI) shares fell 2.11% to $395.44 on Friday, outperforming competitors Broadcom, Texas Instruments, and KLA Corp., which saw larger declines. Despite the drop, ADI closed 11.32% below its 52-week high. Trading volume reached 4.8 million, exceeding the 50-day average of 3.3 million, amidst a broader market downturn where the S&P 500 and Dow Jones also declined.
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Shares of Analog Devices Inc. (ADI) shed 2.11% to $395.44 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.09% to 7,659.44 and Dow Jones Industrial Average falling 0.34% to 52,002.41.
Analog Devices Inc. closed 11.32% below its 52-week high of $445.91, which the company achieved on June 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. (AVGO) fell 4.52% to $328.75, Texas Instruments Inc. (TXN) fell 0.95% to $276.48, and KLA Corp. (KLAC) fell 5.00% to $165.74.
Trading volume (4.8 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 16, 2026.
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10-16-26 1633ET