DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Applied Materials Inc. $(AMAT)$ rallied 3.81% to $155.66 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.13% to 5,638.94 and the Dow Jones Industrial Average rising 1.65% to 41,488.19.
This was the stock's third consecutive day of gains.
Applied Materials Inc. closed 39.17% below its 52-week high of $255.89, which the company achieved on July 10th.
The stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 2.18% to $195.54, Qualcomm Inc. $(QCOM)$ rose 3.05% to $156.58, and Advanced Micro Devices Inc. $(AMD)$ rose 2.92% to $100.97.
Trading volume (5.1 M) remained 1.7 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.
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(END) Dow Jones Newswires
March 14, 2025 16:36 ET (20:36 GMT)
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