Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

Dow Jones
04-03

DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Applied Materials Inc. $(AMAT)$ rose 1.43% to $147.75 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.67% to 5,670.97 and the Dow Jones Industrial Average rising 0.56% to 42,225.32.

This was the stock's third consecutive day of gains.

Applied Materials Inc. closed 42.26% below its 52-week high of $255.89, which the company achieved on July 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 2.12% to $172.09, Qualcomm Inc. $(QCOM)$ rose 0.67% to $154.08, and Advanced Micro Devices Inc. $(AMD)$ rose 0.18% to $102.96.

Trading volume (4.9 M) remained 2.1 million below its 50-day average volume of 6.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2025.

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April 02, 2025 16:37 ET (20:37 GMT)

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