Xilinx Inc. (XLNX) Dips 2.71% for December 02

Equities Staff  |

Among the S&P 500’s biggest fallers on Monday December 02 was Xilinx Inc. (XLNX). The stock experienced a 2.71% decline to $90.27 with 3.89 million shares changing hands.

Xilinx Inc. started at an opening price of 93.00 and hit a high of $93.28 and a low of $89.62. Ultimately, the stock took a hit and finished the day at $2.51 per share. Xilinx Inc. trades an average of n/a shares a day out of a total 251.47 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Xilinx Inc. hit a high of $141.60 and a low of $79.22 over the last year.

Founded in 1984, Xilinx is the top designer of FPGAs by market share. Its chips are critical in the performance of various devices in the communications, data processing, industrial, consumer, and automotive markets.

With its headquarters located in San Jose, CA, Xilinx Inc. employs 4,433 people. After today’s trading, the company’s market cap has fallen to $22.7 billion, a P/S of n/a, a P/B of 8.42, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Xilinx Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: XLNX’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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