Skyworks Solutions Inc. shares fall 1.84% in second consecutive day of losses
Updated
Updated · MarketWatch · Apr 28
Skyworks Solutions Inc. shares fall 1.84% in second consecutive day of losses
9 articles · Updated · MarketWatch · Apr 28
Skyworks Solutions Inc. closed at $60.98 on Tuesday, underperforming its 52-week high by 32.92% and trading 293,177 shares below its 50-day average volume.
Despite the decline, Skyworks outperformed some competitors, as Broadcom fell 4.39%, Qualcomm 0.17%, and Analog Devices 2.38% during a broadly negative market session.
The losses followed a dismal trading day for the broader market, with the S&P 500 down 0.49% and the Dow Jones down 0.05%.
Why is Skyworks lagging its peers despite the semiconductor industry's AI boom?
If regulators block the $22 billion Qorvo deal, what is Skyworks' backup plan?
How will new US chip export regulations impact Skyworks' global business model?
Is its heavy reliance on Apple still Skyworks' greatest long-term vulnerability?
How will Skyworks' chips power the projected $5 trillion humanoid robot market?