DJ KLA Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of KLA Corp. $(KLAC)$ advanced 3.26% to $657.11 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
KLA Corp. closed 26.69% 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. $(AMAT)$ rose 3.82% to $143.58, Analog Devices Inc. $(ADI)$ rose 2.58% to $183.11, and Marvell Technology Inc. $(MRVL)$ rose 6.22% to $53.77.
Trading volume (939,538) remained 301,248 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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(END) Dow Jones Newswires
April 23, 2025 16:40 ET (20:40 GMT)
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