DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. $(AMAT)$ rallied 1.10% to $170.73 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
Applied Materials Inc. closed $85.16 below its 52-week high ($255.89), which the company reached on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ rose 0.50% to $165.67, Qualcomm Inc. $(QCOM)$ rose 2.49% to $164.50, and Advanced Micro Devices Inc. $(AMD)$ rose 2.99% to $138.93.
Trading volume (7.7 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:40 ET (21:40 GMT)
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