DJ Applied Materials Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Applied Materials Inc. $(AMAT)$ inched 0.04% higher to $169.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's second consecutive day of gains.
Applied Materials Inc. closed $86.48 short of its 52-week high ($255.89), which the company achieved on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ rose 11.21% to $250.00, Qualcomm Inc. $(QCOM)$ fell 0.40% to $157.89, and Advanced Micro Devices Inc. $(AMD)$ fell 0.17% to $126.69.
Trading volume (6.2 M) remained 436,998 below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:40 ET (21:40 GMT)
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