DJ KLA Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of KLA Corp. $(KLAC)$ rallied 1.87% to $738.52 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.01% to 5,956.06 and the Dow Jones Industrial Average falling 0.43% to 43,433.12.
The stock's rise snapped a three-day losing streak.
KLA Corp. closed 17.61% below its 52-week high of $896.32, which the company reached on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 1.79% to $168.51, Analog Devices Inc. $(ADI)$ fell 0.67% to $233.73, and Marvell Technology Inc. $(MRVL)$ rose 2.04% to $94.90.
Trading volume (1.1 M) remained 11,885 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 26, 2025.
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(END) Dow Jones Newswires
February 26, 2025 16:40 ET (21:40 GMT)
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