DJ KLA Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of KLA Corp. $(KLAC)$ rallied 2.40% to $715.81 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
This was the stock's second consecutive day of gains.
KLA Corp. closed 20.14% short of its 52-week high of $896.32, which the company achieved on July 11th.
The stock outperformed some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 1.60% to $155.32, Analog Devices Inc. $(ADI)$ rose 1.45% to $229.47, and Marvell Technology Inc. $(MRVL)$ rose 2.05% to $90.14.
Trading volume (901,528) remained 221,574 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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March 05, 2025 16:40 ET (21:40 GMT)
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