Shares of Qorvo Inc. /zigman2/quotes/209919828/composite QRVO -1.17% slipped 1.01% to $156.34 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.84% rising 0.34% to 4,704.54 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.51% falling 0.17% to 35,870.95. This was the stock's second consecutive day of losses. Qorvo Inc. closed $45.34 below its 52-week high ($201.68), which the company reached on April 29th.
The stock underperformed when compared to some of its competitors Thursday, as Analog Devices Inc. /zigman2/quotes/201631938/composite ADI -3.20% rose 0.56% to $188.09 and Skyworks Solutions Inc. /zigman2/quotes/201417573/composite SWKS -2.57% rose 0.09% to $163.11. Trading volume (1.3 M) eclipsed its 50-day average volume of 1.2 M.