Skyworks Solutions Inc. stock falls Tuesday, underperforms market

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Shares of Skyworks Solutions Inc. SWKS, -1.71% shed 1.71% to $178.13 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.57% falling 0.57% to 4,443.05 and Dow Jones Industrial Average DJIA, -0.84% falling 0.84% to 34,577.57. Skyworks Solutions Inc. closed $25.87 short of its 52-week high ($204.00), which the company reached on April 29th.

The stock underperformed when compared to some of its competitors Tuesday, as Analog Devices Inc. ADI, +0.38% rose 0.38% to $173.47. Trading volume (1.5 M) eclipsed its 50-day average volume of 1.4 M.

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