Qorvo Inc. stock outperforms market on strong trading day

Shares of Qorvo Inc. QRVO advanced 1.70% to $96.28 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.65% to 3,919.29 and the Dow Jones Industrial Average DJIA rising 1.06% to 32,155.40. The stock’s rise snapped a three-day losing streak. Qorvo Inc. closed $36.45 short of its 52-week high ($132.73), which the company reached on March 29th.

The stock underperformed when compared to some of its competitors Tuesday, as Broadcom Inc. AVGO rose 2.59% to…