DJ Applied Materials Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Applied Materials Inc. $(AMAT)$ slipped 2.29% to $171.98 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
The stock's fall snapped a three-day winning streak.
Applied Materials Inc. closed 32.79% below its 52-week high of $255.89, which the company achieved on July 10th.
Despite its losses, the stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ fell 3.56% to $218.66, Qualcomm Inc. $(QCOM)$ fell 4.76% to $165.43, and Advanced Micro Devices Inc. $(AMD)$ fell 2.92% to $110.84.
Trading volume (7.4 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 16:37 ET (21:37 GMT)
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