DJ Applied Materials Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Applied Materials Inc. $(AMAT)$ slid 3.65% to $149.99 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
Applied Materials Inc. closed 41.38% below its 52-week high of $255.89, which the company achieved on July 10th.
Despite its losses, the stock outperformed some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 5.39% to $184.45, Qualcomm Inc. $(QCOM)$ fell 3.87% to $154.98, and Advanced Micro Devices Inc. $(AMD)$ fell 3.67% to $96.63.
Trading volume (8.0 M) eclipsed its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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March 10, 2025 16:37 ET (20:37 GMT)
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