Analog Devices Inc. (ADI) reported fourth quarter EPS of $0.36 after the close Monday, down from $0.49 in the prior year period. The consensus estimate was for EPS of $0.26.
Analog Devices Inc. gapped open higher Tuesday and has continued to rise. Shares are now up 1.93 at $29.87. The stock has risen past resistance and is now trading at a new high for the year.
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