DJ Applied Materials Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Applied Materials Inc. $(AMAT)$ slid 1.93% to $150.68 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 5,712.20 and Dow Jones Industrial Average falling 0.31% to 42,454.79.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 41.12% below its 52-week high of $255.89, which the company reached on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 4.78% to $179.27, Qualcomm Inc. $(QCOM)$ fell 1.10% to $158.39, and Advanced Micro Devices Inc. $(AMD)$ fell 4.02% to $110.19.
Trading volume (4.8 M) remained 2.2 million below its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2025.
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(END) Dow Jones Newswires
March 26, 2025 16:36 ET (20:36 GMT)
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