DJ KLA Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of KLA Corp. $(KLAC)$ slipped 1.06% to $750.55 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
The stock's fall snapped a two-day winning streak.
KLA Corp. closed 16.26% 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. $(AMAT)$ fell 1.26% to $180.89, Analog Devices Inc. $(ADI)$ rose 0.82% to $205.13, and Marvell Technology Inc. $(MRVL)$ fell 3.39% to $105.42.
Trading volume (476,399) remained 662,789 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 16:40 ET (21:40 GMT)
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