DJ KLA Corp. Stock Rises Friday, Still Underperforms Market
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Shares of KLA Corp. $(KLAC)$ rallied 1.38% to $708.84 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
KLA Corp. closed 20.92% 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 Friday, as Applied Materials Inc. $(AMAT)$ rose 0.91% to $158.07, Analog Devices Inc. $(ADI)$ rose 2.77% to $230.06, and Marvell Technology Inc. $(MRVL)$ rose 4.76% to $91.82.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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(END) Dow Jones Newswires
February 28, 2025 16:40 ET (21:40 GMT)
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