Shares of Qorvo Inc. (NAS:QRVO) inched 0.89% higher to $152.59 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.17% to 4,690.70 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.55% to 35,813.80. The stock's rise snapped a four-day losing streak. Qorvo Inc. closed $49.09 short of its 52-week high ($201.68), which the company achieved on April 29th.
The stock outperformed some of its competitors Tuesday, as Analog Devices Inc. (NAS:ADI) fell 1.64% to $182.45 and Skyworks Solutions Inc. (NAS:SWKS) rose 0.17% to $156.80. Trading volume (1.5 M) eclipsed its 50-day average volume of 1.2 M.