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Shares of Skyworks Solutions Inc. rallied 5.27% to $62.95 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 7,509.20 and the Dow Jones Industrial Average rising 0.74% to 52,224.64.
This was the stock's fifth consecutive day of gains.
Skyworks Solutions Inc. closed 30.75% short of its 52-week high of $90.90, which the company reached on October 28th.
The stock outperformed some of its competitors Tuesday, as Broadcom Inc. rose 2.21% to $386.50, Qualcomm Inc. rose 1.87% to $173.50, and Analog Devices Inc. rose 2.78% to $382.81.
Trading volume (5.5 M) eclipsed its 50-day average volume of 5.4 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
