Why Analog Devices (ADI) Outpaced the Stock Market Today

In the latest trading session, Analog Devices (ADI) closed at $209.65, marking a +1.6% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.39%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.6%.Prior to today's trading, shares of the semiconductor maker had lost 9.63% over the past month. This has lagged the Computer and Technology sector's gain of 0.59% and the S&P 500's gain of 1.06% in that time.The investment community will be closely mo ...