Why Adeia (ADEA) Outpaced the Stock Market Today
ADEAAdeia(ADEA) Zacks Investment Research·2024-02-09 08:01

Adeia (ADEA) closed at $12.95 in the latest trading session, marking a +0.86% move from the prior day. This move outpaced the S&P 500's daily gain of 0.06%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.24%.Shares of the provider of chip technology for small electronic devices witnessed a gain of 8.81% over the previous month, beating the performance of the Business Services sector with its gain of 7.07% and the S&P 500's gain of 6.45%.The investment community will be closely monitori ...