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Analog Devices Stock Hits 52-Week High Ahead of May 20 Earnings Test
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Analog Devices Stock Hits 52-Week High Ahead of May 20 Earnings Test
Analog Devices Inc. closed at a 52-week high of $416.52 on Friday after reaching $418.75, ahead of its fiscal Q2 results due May 20. The company projects revenue of about $3.5 billion and adjusted earnings of $2.88 per share. Shares have gained 105% over the past year. Analog Devices returned $1 billion to shareholders through dividends and buybacks last quarter. The post Analog Devices Stock Hits 52-Week High Ahead of May 20 Earnings Test appea…
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