Why Analog Devices Stock Fell by More Than 4% Today
Semiconductor company Analog Devices (ADI -4.72%) published its latest quarterly earnings report Thursday morning, but despite its estimates-beating performance, investors sold out of the stock.They left it with a more than 4% drop in share price on the day, on concerns that a lingering tariff war could badly affect its fundamentals. That decline compared unfavorably to the S&P 500's (^GSPC -0.04%) marginal slide.Powerful double-digit growthFor its fiscal second quarter of 2025, Analog Devices' revenue came ...