Skyworks Solutions Inc. stock rises Monday, still underperforms market

Skyworks Solutions Inc. stock rises Monday, still underperforms market

Shares of Skyworks Solutions Inc. SWKS, +0.12% inched 0.12% higher to $106.84 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.31% rising 0.31% to 4,121.43 and the Dow Jones Industrial Average DJIA, +0.05% rising 0.05% to 32,915.78. Skyworks Solutions Inc. closed $90.78 below its 52-week high ($197.62), which the company reached on July 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Analog Devices Inc. ADI, +0.02% rose 0.02% to $165.27 and Qorvo Inc. QRVO, +0.71% rose 0.71% to $109.83. Trading volume (981,909) remained 1.2 million below its 50-day average volume of 2.1 M.

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