Analog Devices (ADI) Stock Jumps 4.1%: Will It Continue to Soar?
Analog Devices (ADI) shares soared 4.1% in the last trading session to close at $171.34. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 27.1% loss over the past four weeks.The upswing was likely due to the perception that semiconductor companies with strong fundamentals and pricing power will perform well in the current market climate, potentially benefiting from exemptions from tariffs on semiconductors.This semiconductor maker ...