Analog Devices stock (ADI) heads into Monday after board shake-up, with Fed week and chip earnings in focus
Analog Devices shares dropped $2.93, or 0.95%, ending Friday at $305.60 as chip stocks softened ahead of the weekend. The iShares Semiconductor ETF slipped 1.15%, with analog rivals Texas Instruments, Microchip Technology, and NXP Semiconductors also posting declines.